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    Survey of ECON Study Set 1
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    Exam 11: Introduction to Macroeconomics: Unemployment, Inflation, and Economic Fluctuations
  5. Question
    In the Expansion Phase of the Business Cycle
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In the Expansion Phase of the Business Cycle

Question 82

Question 82

Multiple Choice

In the expansion phase of the business cycle


A) output is rising.
B) unemployment is falling.
C) consumer and business confidence is high.
D) investment is rising.
E) all of the above are true.

Correct Answer:

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