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QUESTION 16 Not yet answered Marked out of 1.00 Flag question The following economic activities are observed simultaneously: interest rates and inflation rates are rising,

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QUESTION 16 Not yet answered Marked out of 1.00 Flag question The following economic activities are observed simultaneously: interest rates and inflation rates are rising, business demand for credit is rising as investments are being financed, unemployment rates are falling. Which phase of the business cycle is being observed? Select one: a. Trough Ob pansion Oc Contraction my choice

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