contestada


The phase of the business cycle that includes a period of consistent growth
in GDP and falling unemployment is called a(n).

A. trough
B. contraction
C. expansion
D. peak

Respuesta :

blessedlahoz

Answer:

The Answer is: D. Peak

Explanation:

Did the test, A P E X

The phase of the business cycle that includes a period of consistent growth in GDP and falling unemployment is called expansion.

What do you mean by business cycle?

A business cycle is characterized by four main stages that are expansion, peak, contraction, and trough.

The business cycle stage of expansion is when an economy experiences relatively rapid growth, interest rates tend to be low, production increases and inflationary pressures build.

Therefore, C is the correct option.

Learn more about the business cycle here:

https://brainly.com/question/4511868

#SPJ2