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Basic Question 0 of 7

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" ?
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Your review questions and global ranking system were so helpful.
Lina

Lina

Learning Outcome Statements

describe characteristics of perfect competition, monopolistic competition, oligopoly, and pure monopoly

CFA® 2025 Level I Curriculum, Volume 1, Module 1.