A student seeking a job right after graduation should be especially attentive to
A) long-run growth patterns in the economy
B) what is the current phase of the business cycle
C) technological change
D) sales of durable goods
E) the duration of strikes
Correct Answer:
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Q6: As the economy goes through an expansion,
A)
Q7: What would a leftward shift of the
Q8: Which of the following occurs during a
Q9: An economic expansion reflects
A) any movement from
Q10: When GDP is rising,the economy is experiencing
A)
Q12: During a recession,a rising unemployment rate is
A)
Q13: In the classical model,a falling demand for
Q14: GDP as predicted by the classical model
Q15: Recessions typically last longer than expansions.
Q16: A period during which GDP exceeds its
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