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.
Correct Answer:
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Q198: Purchases of which of the following goods
Q199: The demand for durable goods
A)has decreased over
Q200: Purchases of Huggies diapers should
A)remain fairly constant
Q201: According to the National Bureau of Economic
Q202: Since 1950,expansions in the United States have
Q204: Which of the following explains why fluctuations
Q205: When the economy enters a recessionary phase
Q206: Since the 1950s
A)the United States has not
Q207: Most economists believe that the return of
Q208: Inflation tends to _ during the expansion
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