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CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY
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Question 8
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Question 8 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY
There are five stages in a recession. job loss falling production falling demand (occurs twice) peak production In which order do these stages occur?
Answer
A
4, 3, 2, 1, 3
B
3, 2, 1, 3, 4
C
4, 3, 2, 3, 1
D
4, 2, 3, 1, 3
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