MCQOPTIONS
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| 1. |
If the economy is at the peak of the business cycle, aggregate demand ____ unemployment _______ inflation _______ and the current account of the balance of payments is likely to move towards _______? |
| A. | rise; falls; rise; deficit |
| B. | falls; rises; falls; surplus |
| C. | falls; falls; falls; surplus |
| D. | is static; low; rises; deficit |
| Answer» E. | |