During the contraction phase of a business cycle, it is most likely that: A. inflation indicators are

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During the contraction phase of a business cycle, it is most likely that:

A. inflation indicators are stable.

B. aggregate economic activity is decreasing.

C. investor preference for government securities declines.

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Economics For Investment Decision Makers

ISBN: 9781118111963

1st Edition

Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto

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