MaiaCollazo MaiaCollazo

22-07-2015
History

Answered

It is normal for the economy to go through cycles of expansion and recession. True Fals

Verified Answer :

HistoryGuy HistoryGuy

27-07-2015

Yes, it is normal for the economy to go through cycles of expansion and recession, since this is called he "business cycle". It is not normal, however, for recessions to turn into depressions.

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