Concerning the business cycles of the U.S., the average recovery has been shorter and less pronounced than the average recession.
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Q1: The peak and the trough represent the
Q3: The leading economic indicators are variables, such
Q4: Most economists believe that a change in
Q5: Regarding output and employment, those industries that
Q6: The output and employment in the automobile
Q7: The unemployment rate is the number of
Q8: Some part-time workers work less than a
Q9: Because the official unemployment rate does not
Q10: For the U.S., frictional unemployment has generally
Q11: Structural unemployment is unemployment caused by skills
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