BUSINESS HIGH SCHOOL

Suppose an economy has historically grown at a rate of 1.25%. economic activity decreased every quarter over the past year, but the decline stopped this quarter. the economy is expected to grow at a rate of 1.4% in the near future, but monetary authorities are concerned that inflation may increase. this economy is probably in the _____ stage of the business cycle.

Answers

Answer 1
Answer:

Answer:

trough

Explanation:
Answer 2
Answer:

Final answer:

The economy is likely in the recovery stage of the business cycle, following a period of contraction and now moving into a period of expected growth, with authorities demonstrating concern about potential inflation.

Explanation:

Based on the provided information, the economy is likely in the recovery, or expansion, stage of the business cycle. The business cycle, as outlined by economic theory, includes four main stages: expansion, peak, contraction, and trough. In this situation, the economy suffered a period of decrease, or contraction, but this has stopped, indicating it reached the trough, or lowest point. Now that the economy is expected to grow at a higher rate, this indicates a move into the expansion phase. However, there is concern about inflation from the authorities, which is a common concern in a recovery period as demand starts to increase again, potentially driving up prices.

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Answers

I believe the answer is: Gross pay

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Answers

Answer:

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Explanation:

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Answers

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Explanation:
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Answers

Answer:

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Explanation:

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