Answered

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Government, Business, and the Business Cycle

The Business Cycle

1. At which point would the government be most likely to try to stimulate the economy?

2. At which point would a business be most likely to hire new workers?

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Sagot :

GinnyAnswer

Final answer:

The government stimulates the economy in downturns, and businesses hire during economic upswings.


Explanation:

The Business Cycle and Hiring Decisions

Government Intervention: The government is most likely to stimulate the economy during contraction or trough phases of the business cycle to boost economic activity and address high unemployment rates.

Business Hiring: Businesses are most likely to hire new workers during the expansion or peak phases of the business cycle when demand for goods and services is high, leading to growth and increased production.


Learn more about The Business Cycle here:

https://brainly.com/question/31642085


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