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Homework answers / question archive / A business cycle recovery that doesn't reach its long-term trend can lead to A
A business cycle recovery that doesn't reach its long-term trend can lead to
A. hyperinflation.
B. its natural unemployment rate.
C. lower cyclical unemployment.
D. a double-dip recession.
Usually, in the business cycle after reaching point trough, the economy starts its recovery path. But, if the recovery path doesn't reach its king-term trend path of expansion then it can be inferred that recovery in the economy is only short-lived and once again the economy falls into recession. Thus, at this time period, the economy falls into a double-dip recession.
