47. Zimbabwe's hyperinflation was caused mainly by that country's (LO7) a) trade deficits b) budget deficits c) food shortages d) printing of too much money 48. Which statement is the most accurate? (LO1) a) We have been in the prosperity phase of the business cycle since the third quarter of 2011. b) We are still in the recovery phase of the business cycle. c) We are still in a recession. d) The recession of 2007-09 was slightly more severe than the typical post-World War II recession