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Author Question: Typically, as an economy begins to emerge from a recessionary phase of the business cycle A) ... (Read 193 times)

deesands

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on: Jun 29, 2018
Typically, as an economy begins to emerge from a recessionary phase of the business cycle
 
  A) investment begins to fall. B) inflation begins to fall.
  C) unemployment falls immediately. D) unemployment continues to rise.

Question 2

Refer to Figure 23-1. According to the figure above, at what point is aggregate expenditure less than GDP?
 
  A) J B) K C) L D) none of the above


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patma1981

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


deesands

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Reply 2 on: Jun 29, 2018
Gracias!

mcabuhat

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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