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It Is Possible for the Unemployment Rate at the Beginning

question 174

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It is possible for the unemployment rate at the beginning of a recession to be lower than the unemployment rate at the beginning of a recovery.


Definitions:

Barrier

An obstacle or impediment that prevents movement or access, or hinders progress in some manner.

Kübler-Ross's Stages

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A stage of cancer in which the disease is considered advanced, incurable, and likely to lead to death.

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