In the contraction phase of the business cycle, a. output is rising. b. unemployment is falling. c.

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In the contraction phase of the business cycle,

a. output is rising.

b. unemployment is falling.

c. consumer and business confidence are high.

d. investment is rising.

e. none of the above is true.

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Exploring Macroeconomics

ISBN: 9781285859446

7th Edition

Authors: Robert L. Sexton

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Question Posted: Nov 01, 2024 04:00 AM

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In the contraction phase of the business cycle, a. output is rising. b. unemployment is falling. c. consumer and business confidence are high. d. investment is rising. e. none of the above is true.
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In the contraction phase of the business cycle, a. output is rising. b. unemployment is falling. c.

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Exploring Macroeconomics

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