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Which of the following statements, if any, is true about the business cycle? Group of answer choices Consumer spending tends to maximize at a trough.
Which of the following statements, if any, is true about the business cycle? Group of answer choices Consumer spending tends to maximize at a trough. Some workers lose their jobs due to cyclical unemployment when there is an economic recession. None of these are true. Unemployment rates tend to increase during an expansion because businesses cut back to increase profits
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