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Economics
MEDIUM
ENGLISH
Economics
If the economy is in the recessionary phase of the business cycle, aggregate demand ___ unemployment ____ inflation ___ and the current account of the balance of payments is likely to move towards ____?
A
falls; falls; falls; surplus
Option A
B
is static; low; rises; deficit
Option B
falls; rises; falls; surplus
Correct answer
D
rises; falls; rises; deficit
Option D
Correct answer: C
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