1. During the recession phase of a business cycle, which of the following is likely to increase?...

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1. During the recession phase of a business cycle, which of the following is likely to increase?

a. the unemployment rate

b. the price level

c. economic growth rates

d. the labor force

e. wages

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Krugmans Economics For Ap

ISBN: 9781429218276

2nd Edition

Authors: Margaret Ray, David A. Anderson

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