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Basic Question 1 of 13
When an economy goes into a contraction, businesses usually do the following in sequence: I. eliminate over time
II. layoff
III. free hiring
A. I, II and III
B. I, III, and II
C. II, III and I
User Contributed Comments 1
| User | Comment |
|---|---|
| davislens | what's "Free hiring" ? |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe how resourceuse, consumer and business activity, housing sector activity, and external trade sector activity vary over the business cycle and describe their measurement using economic indicators
CFA® 2026 Level I Curriculum, Volume 1, Module 2.