Multiple Choice
Which of the following is TRUE?
A) A recession will lead to reduced output in the future,but inflation has no effect on future output.
B) Both recessions and inflations may reduce output in the future.
C) A recession will lead to reduced output in the future,but inflation will lead to increased output in the future.
D) A recession will lead to increased output in the future,but inflation will lead to decreased output in the future.
Correct Answer:
Verified
Correct Answer:
Verified
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