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    Principles of Economics Study Set 1
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    Exam 16: Macroeconomics: The Birds Eye View of the Economy
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    If the Unemployment Rate Increases from 4 Percent to 10
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If the Unemployment Rate Increases from 4 Percent to 10

Question 17

Question 17

Multiple Choice

If the unemployment rate increases from 4 percent to 10 percent, then the economy is mostly likely in a(n) :


A) expansion.
B) boom.
C) recession.
D) aggregation.

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