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If the Economy in the Short Run Is Experiencing a Recessionary

Question 120

Multiple Choice

If the economy in the short run is experiencing a recessionary gap,we are likely to see


A) severe and widespread labour shortages.
B) quickly rising output prices.
C) an increase in the number of workers receiving employment-insurance benefits.
D) the number of employment-insurance recipients the lowest ever.
E) consumers optimistic about the future.

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