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As GDP decreases during recessions, unemployment generally increases. Unemployment is therefore said

Cuba

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9 years ago

As GDP decreases during recessions, unemployment generally increases. Unemployment is therefore said

As GDP decreases during recessions, unemployment generally increases. Unemployment is therefore said to be procyclical.

Is this true or false?!

Textbook

Economic Analysis of Social Issues

Edition: 1^st

Author: Grant

Read 208 times

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IloveChi

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Cuba Author

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9 years ago

Exactly what I needed, thanks a million.

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IloveChi

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9 years ago

You're welcome.

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