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    Business
  3. Study Set
    Macroeconomics
  4. Exam
    Exam 13: Business Cycles
  5. Question
    If You and Your Friends Are Still Looking for a Job
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If You and Your Friends Are Still Looking for a Job

Question 3

Question 3

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:

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