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    Exam 13: Business Fluctuations: Aggregate Demand and Supply
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    The Five Most Recent U.S. Recessions
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The Five Most Recent U.S. Recessions

Question 268

Question 268

Multiple Choice

The five most recent U.S. recessions:


A) preceded positive oil price shocks.
B) were preceded by negative oil price shocks.
C) were not related to oil price shocks.
D) were milder because of oil price shocks.

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