What are the two primary phases of the business cycle? What tends to happen to real GDP,
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What are the two primary phases of the business cycle? What tends to happen to real GDP, unemployment, and inflation during these phases?
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The business cycle encompasses the recurring periods of economic expansion and contraction experienc...View the full answer
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Related Book For 
Essentials Of Economics
ISBN: 9781265166632
5th Edition
Authors: Stanley L. Brue, Campbell R. McConnell, Sean Masaki Flynn Dr.
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