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MMLU / Which of the following is true of a typical contraction of the business cycle?

Problem

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question

Which of the following is true of a typical contraction of the business cycle?

choices

  1. Consumption is falling but household wealth is rising.
  2. Consumption is increasing.
  3. Private investment is rising.
  4. Employment and inflation are low.

subject

high_school_macroeconomics

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