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Which of the following statements best defines the economic term "depression"?

SAT · US History · previous-year question

  1. A.A sharp drop in business activity along with rising unemployment
  2. B.A large influx of foreign capital
  3. C.An unpredicted increase in exports with a decline in imports
  4. D.A lowering of interest rates
  5. E.The laws of supply and demand

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