Answered

Discover answers to your questions with Westonci.ca, the leading Q&A platform that connects you with knowledgeable experts. Get immediate and reliable solutions to your questions from a knowledgeable community of professionals on our platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

Select the correct answer.

Which phase of the business cycle is marked by an increase in productivity while employment and profits also rise?

A. Inflation
B. Contraction
C. Expansion
D. Recession

Sagot :

GinnyAnswer

Final answer:

The expansion phase of the business cycle is characterized by growth in productivity, employment, and profits.


Explanation:

Expansion is the phase of the business cycle marked by an increase in productivity, rising employment, and profits. During this phase, the economy experiences growth, leading to positive economic indicators.


Learn more about Business Cycle Phases here:

https://brainly.com/question/30167425


Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.