Econ- Chapter 13

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An example of a psychological factor that can influence the business cycle is:

An example of a factor outside a nation’s economy that can influence the business cycle is:

Statistics that measure variables in the economy are called:

The government affects business activity in two ways:

These usually change at the same time as changes in overall business activity:

The business cycle period when economic activity slows down is called a:

A prolonged rise in the general price level of goods and services is called:

A measure of the change in price over time of a specific group of goods and services used by the average household: