During the Expansion Phase of the Business Cycle

question 197

Multiple Choice

During the expansion phase of the business cycle,

• A)production increases.
• B)employment decreases.
• C)income decreases.
• D)unemployment increases.
• E)the price level falls.

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Definitions:

Plausible

Seeming reasonable or probable; believable or credible.

Indirectly

Not directly, but by means of an intermediate step or through a secondary cause.

Hypothesis

A proposed explanation for a phenomenon, made as a starting point for further investigation, testing, or experimentation.

Informative

Providing useful or important information or details.