All of the following are correctly paired with their phase of the business cycle EXCEPT __________. high level of employment: peak phase slowdown of business activity: contraction phase rising unemployment: recovery phase production levels are at their worst: trough phase

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06-03-2015
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All of the following are correctly paired with their phase of the business cycle EXCEPT __________. high level of employment: peak phase slowdown of business activity: contraction phase rising unemployment: recovery phase production levels are at their worst: trough phase

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W0lf93 W0lf93 · Answer 1 · 2017-05-14T04:35:57-04:00

W0lf93 W0lf93

14-05-2017

The answer is rising unemployment: recovery phase. Rising unemployment is part of the Contraction phase. The Contraction phase is a period of economic decline or negative growth. slowdown in the pace of economic activity defined by low or stagnant growth, high unemployment, and declining prices.

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