

MCQOPTIONS
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1. |
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 ________? |
A. | falls; falls; falls; surplus |
B. | falls; rises; falls; surplus |
C. | is static; low; rises; deficit |
D. | rises; falls; rises; deficit |
Answer» B. falls; rises; falls; surplus | |