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During an expansionary phase of the business cycle, which of the following most likely occur(s)?
a. fewer goods and services are produced.
b. fewer tax revenues are remitted.
c. fewer people are employed.
d. fewer people are unemployed.
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Arecession is the total value of all goods produced in a country in a given year total value of all goods and services produced in a country in a given year total amount of money earned in a nation over a specific period of time none of the answers are correct.
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During an expansionary phase of the business cycle, which of the following most likely occur(s)?
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