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Unemployment Tends to Be Highest During the _____ Stage of the Business

Question 75

Multiple Choice

Unemployment tends to be highest during the _____ stage of the business cycle, while there is a greater risk of high demand leading to inflation during the _____ stage of the business cycle.


A) recession; expansion
B) trough; peak
C) peak; trough
D) recession; peak

Correct Answer:

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