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People, once they start to see the job market is deteriorating, they start to get worried about their own job prospects. You pull back on consumption and spending.

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    Quiz

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    Who said: "Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future."?
    A Gerald Ford
    B Jimmy Carter
    C John F. Kennedy
    D Lyndon B. Johnson