Session 6: Economics: Monetary and Fiscal Economics
Reading 25: U.S. Inflation, Unemployment, and Business Cycles
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 inflationary pressures. | |
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B) |
a positive rate of economic growth. | |
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C) |
increasing unemployment. | |
Unemployment is typically decreasing during the expansion phase of a business cycle. | 
发表于 2011-3-9 12:52
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