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johnpaul92 johnpaul92
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Posts: 2600
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8 years ago
Which of the following best describes a typical business cycle?
A) Economic expansions are followed by economic contractions.
B) Trade surpluses are followed by trade deficits.
C) Inflation is followed by unemployment.
D) Stagflation is followed by inflationary economic growth.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 150 times
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supamansupaman
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Posts: 2219
8 years ago
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johnpaul92 Author
wrote...
8 years ago
This is incredible, wasn't expecting anyone to answer this one
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