With a recession under way,consumers have less money,causing a demand shift to the right.
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Q6: The pattern of recession,recovery,and expansion is called
Q7: Generally,in a recession,more homes are built.
Q8: Cyclical unemployment happens because
A) businesses make strategic
Q9: What does the phrase "wages are sticky"
Q10: During a recession,business profits decline.
Q12: The National Bureau of Economic Research decides
Q13: The NAIRU is short for the nonaccelerating
Q14: Recessions are always caused by negative demand
Q15: The unemployment rate is calculated as
A) the
Q16: Frictional unemployment occurs when
A) employees file grievances
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