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    Macroeconomics Study Set 2
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    Exam 13: Business Cycle Models with Flexible Prices and Wages
  5. Question
    The Phenomenon of Underutilization of Labor During a Recession Is
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The Phenomenon of Underutilization of Labor During a Recession Is

Question 19

Question 19

Multiple Choice

The phenomenon of underutilization of labor during a recession is called


A) labor stockpiling.
B) investing in human capital.
C) labor force stabilization.
D) labor hoarding.

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