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true or false and provide a reason to support it, please quickly thanks !!! 3.An recession starts when the economy hits a trough and then
true or false and provide a reason to support it, please quickly thanks !!!
3.An recession starts when the economy hits a trough and then enters a recovery.
4.If in the same period output doubles and the price level remains the same, nominal Gross Domestic Product (GDP) doubles.
5.If the nominal wage rate increases, with price remained constant, the short-run aggregate supply curve shifts rightward.
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