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During a contractionary phase of the business cycle, which of the following most likely occurs?

a. More tax revenues are remitted
b. More goods and services are produced
c. Fewer people are unemployed
d. Fewer people are employed

2 Answers

6 votes

Answer:

D. fewer people are unemployed.

Step-by-step explanation:

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User Caty
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more tax revenues are remitted
User Jay Riggs
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