Answered

Westonci.ca is the Q&A platform that connects you with experts who provide accurate and detailed answers. Explore our Q&A platform to find in-depth answers from a wide range of experts in different fields. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

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?

[tex]\[ \text{Time} \][/tex]

1.
2.
3.
4.
5.

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


Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.