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    Macroeconomics Policy and Practice
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    Exam 8: Business Cycles: an Introduction
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    What Did the U
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What Did the U

Question 34

Question 34

Multiple Choice

What did the U.S.business cycles in the early 1890s and early 1930s have in common?


A) the spread of bank failures
B) severe recessions
C) high unemployment and low inflation,even deflation
D) all of the above
E) none of the above

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