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Author Question: Which of the following is most likely to occur during recession? a. Increase in wage rate b. ... (Read 67 times)

crazycityslicker

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Which of the following is most likely to occur during recession?
 a. Increase in wage rate
  b. Decrease in potential real GDP
  c. Increase in the market rate of interest
  d. Decrease in the average price level
  e. Decrease in the government transfer payments

Question 2

A hypothesis is a normative statement.
 a. True
  b. False
  Indicate whether the statement is true or false



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ebonylittles

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Answer to Question 1

d

Answer to Question 2

False




crazycityslicker

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


JaynaD87

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Reply 3 on: Yesterday
Excellent

 

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