LOS f: Explain how economic growth, inflation, and unemployment affect the business cycle.
The expansion phase of a business cycle is least likely characterized by:
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A) |
increasing unemployment. | |
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B) |
increasing inflationary pressures. | |
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C) |
a positive rate of economic growth. | |
Unemployment is typically decreasing during the expansion phase of a business cycle.
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发表于 2010-4-17 13:05
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