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    Which of the Following Is Always a Characteristic of the Contraction
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Which of the Following Is Always a Characteristic of the Contraction

Question 142

Question 142

Multiple Choice

Which of the following is always a characteristic of the contraction phase of the business cycle?


A) lower unemployment rates
B) a decline in Real GDP
C) higher inflation rates
D) a decline in GDP
E) all of the above

Correct Answer:

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