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As the economy nears the end of an expansion, which of the following typically occurs? O A. Wages are usually rising faster than prices. OB. The profits of firms will be falling O C. Interest rates are usually rising. OD. All of the above occur.

Sagot :

As the economy nears the end of an expansion, option D. All of the above occurs. A. Wages are usually rising faster than prices. B. The profits of firms will be falling C. Interest rates are usually rising.

The economy may experience expansion due to both internal and external causes, including fiscal and monetary policies, interest rates, credit availability, weather conditions, technological advancements, and other influences on producer incentives.

Expansion ends when the economy enters the peak phase when it reaches its highest level of output, which marks the end of growth. After this, a contractionary phase occurs as employment levels and housing starts start to drop.

Learn more about the Economy in expansion here:

https://brainly.com/question/14522820

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