In the Expansion Phase of the Business Cycle

question 66

Multiple Choice

In the expansion phase of the business cycle

• A)​output is rising.
• B)​unemployment is falling.
• C)​consumer and business confidence is high.
• D)​all of the above are true.

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Definitions:

Atmosphere

The layer of gases surrounding a planet, essential for life on Earth, providing air to breathe and protecting from harmful solar radiation.

Assimilation

The process by which individuals or groups of differing ethnic heritage are absorbed into the dominant culture of a society.

Chlorophyll

A pigment found in plants and algae that absorbs sunlight for photosynthesis, giving them their green color.

Denitrification

The microbial process of reducing nitrate and nitrite to gaseous forms of nitrogen, such as nitrogen gas, effectively removing nitrogen from ecosystems.