satchelpetrus satchelpetrus
  • 12-11-2019
  • Social Studies
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All of the following are correctly paired with their phase of the business cycle EXCEPT __________.

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nalleitenw
nalleitenw nalleitenw
  • 12-11-2019

The correct answer is rising unemployment: recovery phase

Explanation:  According to the precepts of the neoclassical economy, natural unemployment is the rate at which an economy tends in the long run, compatible with the steady state of full employment and the absence of inflation.

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