Answered

Welcome to Westonci.ca, where you can find answers to all your questions from a community of experienced professionals. Connect with a community of experts ready to help you find accurate solutions to your questions quickly and efficiently. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

the steady growth line best supports which conclusion about the economy represented in the graph
A. The economy never experiences periods of contraction B. The economy does not display consistent patterns in its business cycles
C. The economy improved steadily over several business cycles
D. The economy has pronounced troughs but no clear peaks

Sagot :

The economy appears to be improving consistently throughout a number of economic cycles, according to the steady growth line.

The business cycle is the time when an economy experiences both growth and recession, and it may be quantified by looking at the gross domestic product of that economy.

The expansion, the peak period, the contraction period, and the trough period are the four phases of the business cycle. The expansion phase had a comparatively quick increase. The graph's continuous growth lines demonstrate that during the course of business cycles, the economy has improved steadily.

Owners may make wise company decisions thanks to business cycles. They may guess when to brace for a downturn and seize an expansion by keeping an eye on the economy's health and paying heed to recent economic forecasts.

To learn more about the business cycle

https://brainly.com/question/4511868

#SPJ4

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.