At the peak of a business cycle, employment and GDP are

a. at their lowest
b. at their highest
c. rising
d. falling
e. it is impossible to state for certain what is happening to employment and GDP

B

Economics

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Why must the current account and the financial account sum to zero? (Assume the capital account is zero.)

What will be an ideal response?

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The neoclassical counter-revolution school supports

a. trade restrictions. b. state-owned enterprises. c. eliminating government regulations. d. limitations on foreign investors.

Economics