Although all economies move through periods of expansion and contraction, the duration of expansion and contraction varies.

Name: Although all economies move through periods of expansion and contraction, the duration of expansion and contraction varies.
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Quizplus · Accepted Answer

This statement is true. Economic cycles, also known as business cycles, go through periods of expansion and contraction, but the length of each cycle can be influenced by various factors such as government policies and global events.

Although All Economies Move Through Periods of Expansion and Contraction