Which of the following economic environments would most likely be associated with a recession? a. Unemployment falling
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Which of the following economic environments would most likely be associated with a recession?
a. Unemployment falling to 30-year low
b. GDP growing at an annual rate of 4.2%
c. Unemployment increasing from 5% to 9% during the year
d. New businesses opening in record numbers while new housing starts reach a 10-year high
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c Unemployment increasing from 5 to 9 during the year A recession is generally ...View the full answer
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