Phenomenon is associated with sharp economic expansion

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Reference no: EM131835711

1. What undesirable macroeconomic phenomenon is associated with a sharp economic expansion?

1. Recession

2. Deflation

3. Unemployment

4. Inflation

2. Which of the following macroeconomic phenomena would be beneficial to nominal asset holders?

1. An economic contraction.

2. An increase in the price level.

3. An economic expansion.

4. The dollar becomes weaker in international currency markets.

Reference no: EM131835711

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