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Q: 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
A: 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 1/12/2014 12:08:04 PM
Updated 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 1/12/2014 12:23:57 PM
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