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Business Cycles and Their Characteristics
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Problem 10
Business Cycles and Their Characteristics
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13. Productivity and Economic Growth / Business Cycles and Their Characteristics / Problem 4
Problem 4
What is the relationship between unemployment and inflation during a recession?
A
Unemployment increases while inflation decreases.
B
Both unemployment and inflation decrease.
C
Both unemployment and inflation increase.
D
Unemployment decreases while inflation increases.
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