tindrae tindrae

11-04-2017
Business

contestada

The inflation rate is decreasing and unemployment is rising. The economy is likely in

a. contraction
b. expansion
c. a peak
d. a trough

Respuesta :

ishaquk ishaquk

11-04-2017

contraction . Hope this helps

Answer Link

lalvarb lalvarb

04-12-2019

Answer:

A. Contraction

Explanation:

According to economic cycles, the economy is in a state of contraction, that is, that this is a period in which economic activity slows down, production and sales levels drop, and consequently companies begin to lay off staff.

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