Social Studies, 10.03.2021 18:20 maya4790
Phases of the Business Cycle
Which 2 statements are true of the business cycle? Use the image if it helps. You MUST
choose 2 answers. DF
(5 Points)
A. During a period of expansion. GDP is decreasing.
B. Following a peak there will be a period of expansion
C. After a recession there is a period of economic growth.
D. During a recession consumer spending and GDP are down.
Answers: 1
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Phases of the Business Cycle
Which 2 statements are true of the business cycle? Use the image if it...
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