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    Macroeconomics Study Set 17
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    Exam 10: Economic Growth, the Financial System, and Business Cycles
  5. Question
    A Recession Often Begins with A(n)________ in Spending by Firms
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A Recession Often Begins with A(n)________ in Spending by Firms

Question 117

Question 117

Multiple Choice

A recession often begins with a(n) ________ in spending by firms on capital goods and a(n) ________ in spending on durable goods by households.


A) increase; decrease
B) increase; increase
C) decrease; increase
D) decrease; decrease

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