IDNLearn.com is the place where your questions are met with thoughtful and precise answers. Find the answers you need quickly and accurately with help from our knowledgeable and experienced experts.
Select the correct answer.
Which phase of the business cycle would be marked by an increase in productivity while employment and profits also rise?
A. inflation B. contraction C. expansion D. recession
Expansion phase of the business cycle includes increasing productivity, employment, and profits.
Explanation:
Expansion is the phase of the business cycle marked by increasing productivity, rising employment, and increasing profits. This phase is characterized by economic growth and upward pressure on prices.
Your participation means a lot to us. Keep sharing information and solutions. This community grows thanks to the amazing contributions from members like you. Your search for solutions ends at IDNLearn.com. Thank you for visiting, and we look forward to helping you again.
