In the Expansion Phase of a Business Cycle

question 44

Multiple Choice

In the expansion phase of a business cycle,

• A)the inflation rate decreases, but productive capacity increases.
• B)the inflation rate and productive capacity decrease.
• C)employment increases, but output decreases.
• D)employment and output increase.

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Definitions:

Victim

Someone who has been harmed, injured, or negatively affected by another person or situation, often resulting in suffering or disadvantage.

Harm

Physical injury, damage to health, or emotional distress caused by actions or events that negatively affect well-being.

Transactional Analysis

A psychoanalytic theory and method of therapy wherein social transactions are analyzed to determine the ego state of the communicator as a basis for understanding behavior.

Encounter

A meeting or interaction between individuals, which can lead to an exchange of ideas or affect personal growth.