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A business cycle has two turning points –Trough and peak

A commercial bank is defined as –A firm that is chartered to accept deposits and make loans

A currency drain is –An increase in currency held outside banks

A discouraged worker is –Someone who does not have a job but has given up looking

A production possibility frontier (PPF) diagram illustrates all of the following concepts except –Unlimited wants

A public authority that provides banking services to commercial banks and regulates financial institutions

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Marketing

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