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      Question

      There is large scale of involuntary unemployment in the

      _____ phase of business cycle.
      A Expansion Correct Answer Incorrect Answer
      B Peak Correct Answer Incorrect Answer
      C Contraction Correct Answer Incorrect Answer
      D Trough Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      In case of contraction cycle there are job losses

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