Which of the Following Will Most Likely Occur During the Expansionary

question 102

Multiple Choice

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

• A) Real GDP rises, and unemployment falls.
• B) Real GDP declines, and inflation rises.
• C) Interest rates rise, and the number of business failures rise.
• D) Inflation rises, and employment falls.

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Information, understanding, or skill that one gains through experience or education.

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Statements or propositions from which another is inferred or follows as a conclusion.

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