The economy of Sutanvia is under severe financial distress. However, over the last few months, the economy has gradually picked up, and employment levels are slowly rising back to normal levels. Consumers are also beginning to engage in regular buying activities. In this scenario, the economy of Sutanvia is currently in the _____ phase of its business cycle.

Question

01-10-2019
Business

contestada

The economy of Sutanvia is under severe financial distress. However, over the last few months, the economy has gradually picked up, and employment levels are slowly rising back to normal levels. Consumers are also beginning to engage in regular buying activities. In this scenario, the economy of Sutanvia is currently in the _____ phase of its business cycle.

Respuesta :

Otras preguntas

if you were in a position of leadership (President, Superintendent, Manager, Coach) what is one thing you would do in order to promote fairness, equality and a

Preppy Co. makes and sells a single product. The current selling price is $30 per unit. Variable costs are $21 per unit, and fixed expenses total $90,000 per mo

Which is true about the scene? Shakespeare includes speeches by both Romeo and Juliet in Act II, Scene ii to

HELP HURRY PLEASEEEEEEEEEEEEE

Differential Analysis for a Lease or Sell Decision Granite Construction Company is considering selling excess machinery with a book value of $282,400 (original

Real answers to this question NO LINKS REAL ANSWERS!!!!!

PLEASE HELP ASAP - ILL GIVE BRAINIEST

List at least three different properties that would help you determine whether the bars are made of the same metal.

How do many insects handle the bitter cold of winter? Group of answer choices they develop wings they hide inside trees they blend in with the twigs they form a

Gretchen invested $1000 in a certificate of deposit that paid interest at a rate of 9% per year. How much was the CD worth at the end of the 3 years?

adeambrossi adeambrossi · Answer 1 · 2019-10-03T11:51:47+02:00

Answer:

Recovery.

Explanation:

A business cycle is the periods of growth and decline in an economy, the recurrent ups and downs in the level of economic activity.

There are stages:

-Peak phase. real output in the economy is at a high level, unemployment is low, domestic output may be at its capacity, inflation may be high.

-Contraction or recession phase. real output is decreasing, unemployment rate is rising, as contraction continues inflation pressure fades, if the recesion is prolonged price may declain as deflation.

-Trough or depression phase. lowest point of the real GDP, output and unemployment bottom out, this phase may be short lived or prolonged, there is no precise decline in output at which a serious recession becomes a depression.

-Expansion or recovery phase. real output in the economy is increasing, unemployment rate is declining, the upswing part of the cycle, the economy gradually picked up, and employment levels slowly rise back to normal levels, consumers also begin to engage in regular buying activities.