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1 vote
Economic growth, peaks, economic downturns, and troughs are part of the _____.

1 Answer

6 votes
The correct answer is "Business Cycle." Economic growth, peaks, economic downturns, and troughs are part of the Business Cycle. It is the downward and upward movement of levels of gross domestic product (GDP) and refers to the period of expansions and contractions in the level of economic activities (business fluctuations) around its long-term growth trend.
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