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Social Studies, 31.03.2021 16:10 esmelopez1015

Choose the answer that best describes the correlation between phases of the business cycle and the unemployment rate. A. The business cycle has no effect on the unemployment rates. B. Unemployment rates increase during a contraction and decrease during an expansion. C. Unemployment rates decrease during a contraction and increase during an expansion. D. Unemployment rates decrease whenever the business cycle shifts to a new phase.

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