The expansionary phase of the business cycle is characterized by:
A. Reduced output and increased unemployment.
B. Reduced output and reduced unemployment.
C. Increased output and increased unemployment.
D. Increased output and reduced unemployment.

Question

11-06-2024
Business

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The expansionary phase of the business cycle is characterized by:
A. Reduced output and increased unemployment.
B. Reduced output and reduced unemployment.
C. Increased output and increased unemployment.
D. Increased output and reduced unemployment.

Sagot :

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