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    Exam 10: Classical Business Cycle Analysis
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    According to Classical Economists,in Recessions,not Only Does the Unemployment Rate
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According to Classical Economists,in Recessions,not Only Does the Unemployment Rate

Question 62

Question 62

Multiple Choice

According to classical economists,in recessions,not only does the unemployment rate increase,so does the


A) interest rate.
B) level of fiscal stimulus.
C) natural rate of unemployment.
D) level of potential output.

Correct Answer:

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