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    Exam 8: Business Cycles
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    When a Recession Occurs,do Economists Expect It to Be a Temporary
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When a Recession Occurs,do Economists Expect It to Be a Temporary

Question 12

Question 12

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When a recession occurs,do economists expect it to be a temporary phenomenon? Or is there some degree of permanence? What is the empirical evidence?

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Recent research suggests that recessions...

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