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SPP24 SPP24
wrote...
Posts: 454
4 years ago

Question 1.

Between a peak and a trough, the economy goes through a(n)



▸ expansion.

▸ inflation.

▸ recession.

▸ boom.

Question 2.

If the labor force is 50 million and 48 million are employed then the unemployment rate is



▸ 2%.

▸ 4%.

▸ 5%.

▸ 52%.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 68 times
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Answer verified by a subject expert
ShaeTime3ShaeTime3
wrote...
Posts: 368
4 years ago
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SPP24 Author
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4 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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