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This is the phase of the business cycle, where there are large unemployment rates, a decline in annual income, and overproduction. a. recession c. recovery b. depression d. peak
Depression is the phase of the business cycle, where there are large unemployment rates, a decline in annual income, and overproduction. The answer is b. depression.
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Asked 342 days ago|1/12/2014 12:08:04 PM
Updated 342 days ago|1/12/2014 12:23:57 PM
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Depression is the phase of the business cycle, where there are large unemployment rates, a decline in annual income, and overproduction. The answer is b. depression.
Added 342 days ago|1/12/2014 12:23:57 PM
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This statement is FALSE.

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