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    Macroeconomics Study Set 12
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    Exam 9: Aggregate Expenditure and Output in the Short Run
  5. Question
    During A(n)________ Many Firms Experience Reduced Profits, Which Reduces ________
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During A(n)________ Many Firms Experience Reduced Profits, Which Reduces ________

Question 32

Question 32

Multiple Choice

During a(n) ________ many firms experience reduced profits, which reduces ________ and investment spending.


A) expansion; business confidence
B) recession; cash flow
C) expansion; cash flow
D) recession; inventories

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