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  3. Study Set
    Economics Study Set 11
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    Exam 29: Business Cycles, Unemployment, and Inflation
  5. Question
    In the United States, Business Cycles Have Occurred Against a Backdrop
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In the United States, Business Cycles Have Occurred Against a Backdrop

Question 213

Question 213

Multiple Choice

In the United States, business cycles have occurred against a backdrop of a long-run trend of


A) declining unemployment.
B) stagnant productivity growth.
C) rising real GDP.
D) rising inflation.

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