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Business Cycles, Recessions, and Economic Indicators
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Economics & Financial Literacy
12.28 Business Cycles, Recessions, and Economic Indicators
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Which evidence would best confirm that a trough has actually passed rather than merely being forecast?
A
Unemployment remains high with no change in production or sales.
B
Real GDP, industrial production, and real sales all rise after reaching lows.
C
A stock index has one positive day after months of decline.
D
Only consumer expectations rise while current output continues falling.
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