3403EconomicsMedium
If the economy is in the though phase of the business cycle, aggregate demand ____ unemployment ________ inflation ________ and the current account of the balance of payments is likely to move towards ________?
Arises; falls; rises; deficit
Bfalls; rises; falls; surplus
Cfalls; falls; falls; surplus
Dis static; low; rises; deficit
Correct answer
C. falls; falls; falls; surplus
Explanation
The correct answer is falls; falls; falls; surplus.