Multiple Choice
If you and your friends are still looking for a job eighteen months after graduation, even after lowering your wage expectations, you are probably in the _________ phase of the business cycle.
A) recession
B) peak
C) boom
D) recovery
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Over the last 50 years, SA real
Q4: In the real business cycle,<br>A)employment, labour productivity
Q5: Recessions do not last forever because<br>A)workers get
Q6: Figure 1.<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8816/.jpg" alt="Figure 1.
Q7: Marietjie maintains that she can predict when
Q8: Deterministic trends are<br>A)where variables change by some
Q9: According to the new classical model, what
Q10: Use the information in table below
Q27: A technical definition gives a recession occurring
Q41: Comment of the nature of economic fluctuations