Which of the Following Will Most Likely Occur During the Recessionary

question 38

Multiple Choice

Which of the following will most likely occur during the recessionary phase of a business cycle?

• A) Real GDP rises, and the unemployment rate falls.
• B) Real GDP declines, and the rate of inflation rises.
• C) The sales of most businesses decline, and the unemployment rate rises.
• D) Inflation rises, and employment/population ratio falls.

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Definitions:

Phallic Stage

A stage in Freudian psychosexual development, when a child's focus of pleasure is on the genital area.

Freud

refers to Sigmund Freud, an Austrian neurologist who founded psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Physical Focus

The emphasis on or concentration of resources and efforts on bodily or material aspects of existence.

Identification

A psychological process in which an individual assimilates an aspect, property, or attribute of another and is transformed, wholly or partially, by the model the other provides.