Question #48065

If the economy is in the expansionary phase of the business cycle, aggregate demand ____ unemployment ____ inflation ____ payments is likely to move towards ____?


Options:

Answer: If the economy is in the expansionary phase of the business cycle, aggregate demand rise; falls; rises; deficit unemployment rise; falls; rises; deficit inflation rise; falls; rises; deficit payments is likely to move towards rise; falls; rises; deficit.

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