Recessions occur at irregular intervals and are almost impossible to predict with much accuracy.
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Q12: Although wages, incomes, and interest rates are
Q13: Most macroeconomic variables that measure some type
Q14: The aggregate demand and aggregate supply model
Q15: The recessions associated with the business cycle
Q16: Like real GDP, investment fluctuates, but it
Q18: The explanations for the slopes of the
Q19: Most economists believe that classical theory describes
Q20: A decrease in the price level makes
Q21: The downward slope of the aggregate demand
Q22: The only way to rationalize an upward
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