during the latter stages of a downswing in the South African business cycle. Manufacturing production Interest rates are usually 20 An improvement in economic activity is normally triggered by an increase in rises during an upswing and in the latter stages of the upswing, inflation, and interest rates a) low; exports; increase b) low; consumption; fall c) low; imports; fall d) high; exports; increase
during the latter stages of a downswing in the South African business cycle. Manufacturing production Interest rates are usually 20 An improvement in economic activity is normally triggered by an increase in rises during an upswing and in the latter stages of the upswing, inflation, and interest rates a) low; exports; increase b) low; consumption; fall c) low; imports; fall d) high; exports; increase
Chapter7: Inflation
Section: Chapter Questions
Problem 4SQ
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