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Marietjie Maintains That She Can Predict When the Economy Is

Question 7

Multiple Choice

Marietjie maintains that she can predict when the economy is going to move up or down in a business cycle.In fact,


A) most economists can predict the business cycle.
B) the business cycle is quite regular, with a new phase beginning every 24 months.
C) business cycles are irregular and unpredictable in the short run.
D) only the World Bank can predict moves in the business cycle.

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