Answered

Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Join our Q&A platform and get accurate answers to all your questions from professionals across multiple disciplines. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

As GDP indicators improve, a country is most likely to be in which phase of the business cycle? expansion contraction trough recession

Sagot :

Answer:

Option A

Explanation:

Improving GDP is an indication of growing economy indicated by the expansion curve of the business cycle.

The contraction and recession curve indicate slowly growing economy or reduction in GDP>

Hence, option A is correct

We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.