A deep and prolonged recession can be considered as a depression.
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Q1: Economics is the study of how a
Q2: Movement along the supply curve typically slopes
Q3: Capital is the collective intelligence of an
Q5: Frictional unemployment is caused by economic fluctuations.
Q6: Capital includes land and minerals that a
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Q8: The supply curve of a firm will
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Q11: Deflation is an economic condition in which
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