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Author Question: Which of the following is true of a recessionary period? a. It is usually accompanied by an ... (Read 10 times)

KWilfred

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on: Jun 30, 2018
Which of the following is true of a recessionary period?
 a. It is usually accompanied by an improvement in the value of an economy's currency.
  b. It is usually accompanied by low levels of inflation.
 c. It is usually accompanied by a dramatic decline in the stock of inventories.
 d. It usually lasts for a few months.
 e. It leads to a drastic decline in government spending.

Question 2

Which of the following is a characteristic of an oligopoly?
 a. Mutual interdependence in pricing decisions.
  b. Independent pricing decisions.
  c. Lack of control over prices.
  d. All of these are true.


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Cnarkel

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


KWilfred

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Liddy

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

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