paramamark4130 paramamark4130
  • 03-06-2021
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As GDP indicators improve, a country is most likely to be in which phase of the business cycle? expansion contraction trough recession

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Netta00 Netta00
  • 05-06-2021

Answer:

Option A

Explanation:

Improving GDP is an indication of growing economy indicated by the expansion curve of the business cycle.

The contraction and recession curve indicate slowly growing economy or reduction in GDP>

Hence, option A is correct

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