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When the Economy Reaches a Trough in a Business Cycle

Question 224

Multiple Choice

When the economy reaches a trough in a business cycle, which of the following will occur?


A) Income, production, and employment will continue to fall.
B) Income, production, and employment will begin to rise.
C) Income and production will rise, but employment will continue to fall.
D) Employment rises, but income and production will continue to fall.
E) Unemployment, the price level, and output will all rise.

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