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As the economy falls from a peak into a valley in the business cycle, cyclical unemployment should increase, and real gdp should decline. a.true b.false
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Oct 23, 2019
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As the economy falls from a peak into a valley in the business cycle, cyclical unemployment should increase, and real gdp should decline.
a.true
b.false
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TWright
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true, bad economy means an increase in cyclical unemployment
Paul Holden
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Oct 26, 2019
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