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The highest unemployment rate is most likely to occur during which of the following phases of the business cycle?
The highest unemployment rate is most likely to occur during a recession.
Expert answered|Wallet.ro|Points 135551|
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Asked 12/18/2017 7:51:42 AM
Updated 12/25/2017 10:44:42 PM
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What is the crowding-out effect?
Weegy: Crowding out effect is a situation when increased interest rates lead to a reduction in private investment spending such that it dampens the initial increase of total investment spending. (More)
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