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  3. Study Set
    Macroeconomics Study Set 12
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    Exam 5: Economic Growth, the Financial System and Business Cycles
  5. Question
    What Happens During the Contraction Phase of the Business Cycle
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What Happens During the Contraction Phase of the Business Cycle

Question 112

Question 112

Multiple Choice

What happens during the contraction phase of the business cycle?


A) production increases
B) unemployment increases
C) income increases
D) employment increases

Correct Answer:

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