If the economy is in the though phase of the business cycle, aggregate demand ____ unemployment ______ inflation ______ and the current account of the balance of payments is likely to move towards ________?
Options:
Answer:
If the economy is in the though phase of the business cycle, aggregate demand falls; falls; falls; surplus unemployment falls; falls; falls; surplus inflation falls; falls; falls; surplus and the current account of the balance of payments is likely to move towards falls; falls; falls; surplus.
