Author Question: The two key phases of a business cycle are: A) stagflation and hyperinflation. B) depression and ... (Read 55 times)

michelleunicorn · **on:** Jul 14, 2018

The two key phases of a business cycle are:
A) stagflation and hyperinflation.
B) depression and contraction.
C) contraction and expansion.
D) recession and deflation.

Question 2

The United States wants to limit the amount of dollars that another country can obtain. The best way to accomplish this is to
A) impose an import duty.
B) establish a foreign-exchange control.
C) declare an embargo.
D) set an import quota.
E) impose an export duty.