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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 44
Circle the letter that corresponds to the best answer. Which would be the most accurate description of the six decades since the late 1940s compared to the eight decades preceding the 1940s?
A) The recessions were milder and the booms less pronounced.
B) The recessions were more severe and the booms more pronounced.
C) The recessions were more severe and the booms less pronounced.
D) The recessions were milder and the booms more pronounced.
A) The recessions were milder and the booms less pronounced.
B) The recessions were more severe and the booms more pronounced.
C) The recessions were more severe and the booms less pronounced.
D) The recessions were milder and the booms more pronounced.
Explanation
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There are three phases of the business c...
Macroeconomics 11th Edition by Stephen Slavin
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