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Author Question: A(n) ________ comes to an end with a business cycle ________. A) expansion; bubble B) expansion; ... (Read 213 times)

colton

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A(n) ________ comes to an end with a business cycle ________.
 
  A) expansion; bubble B) expansion; trough C) recession; peak D) recession; trough

Question 2

Refer to Figure 23-2. If the U.S. economy is currently at point N, which of the following could cause it to move to point K?
 
  A) Government expenditures increase. B) Firm's cash flows rise as profits rise.
  C) Households expect future income to rise. D) Household wealth falls.



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kiamars2010

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Answer to Question 1

D

Answer to Question 2

D




colton

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


sultansheikh

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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