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    Exam 1: Exploring the World of Business and Economics
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    During Which Phase Do High Unemployment Rates Decline and Levels
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During Which Phase Do High Unemployment Rates Decline and Levels

Question 45

Question 45

Multiple Choice

During which phase do high unemployment rates decline and levels of income increase?


A) repression
B) peak
C) recession
D) trough
E) recovery

Correct Answer:

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