As the economy nears the end of an expansion, which of the following typically occurs? OA....

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As the economy nears the end of an expansion, which of the following typically occurs? OA. Wages are usually rising faster than prices. OB. The profits of firms will be falling. OC. Interest rates are usually rising. OD. All of the above occur. As the economy nears the end of an expansion, which of the following typically occurs? OA. Wages are usually rising faster than prices. OB. The profits of firms will be falling. OC. Interest rates are usually rising. OD. All of the above occur.

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The detailed answer for the above question is provided below ANSWER 1 C Interest rates are usually r... View the full answer