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Relative to the peak stage of the business cycle,we will expect that in the case ofa recession the level of frictional unemployment in the US
Relative to the peak stage of the business cycle,we will expect that in the case ofa recession the level of frictional unemployment in the US will most likely
(A) decrease
(B) increase
(C) stay the same
(D) we cannot say
We will expect that when a bond yield declines, correspondingly,the price of the bond will
(A) decrease
(B) increase
(C) stays the same
(D) we cannot tell
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