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Introducing Concepts - Business Cycle
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Introducing Concepts - Business Cycle
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10. Introducing Economic Concepts / Introducing Concepts - Business Cycle / Problem 2
Problem 2
Why is expansion considered a period of economic recovery in the business cycle?
A
Because employment and production levels decrease, signaling recovery
B
Because employment levels decrease and production levels increase, signaling recovery
C
Because employment and production levels increase, signaling recovery
D
Because employment levels increase and production levels decrease, signaling recovery
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