What is the proper sequence of the phases of a business cycle?
A) peak, contraction, trough, expansion, recovery
B) peak, contraction, recovery, trough, expansion
C) peak, contraction, trough, recovery, expansion
D) contraction, peak, trough, recovery, expansion
E) recovery, trough, peak, expansion, contraction
C
Economics
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Which of the following will shift the supply of loanable funds curve leftward?
A) a decrease in the real interest rate B) a decrease in real wealth C) a decrease in disposable income D) a decrease in expected future income
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Explain the principal-agent problem as it pertains to equity contracts
What will be an ideal response?
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