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Author Question: The ____ phase of the business cycle follows a recession. a. recovery b. recession c. peak d. ... (Read 86 times)

penguins

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The ____ phase of the business cycle follows a recession.
 a. recovery
  b. recession
  c. peak
  d. trough

Question 2

An increase in aggregate supply will cause the price level to:
 a. rise and GDP to rise
  b. rise and GDP to fall.
  c. rise and the unemployment rate to fall.
  d. fall and GDP to rise.
  e. fall and the unemployment rate to rise.



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trog

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Answer to Question 1

d

Answer to Question 2

d




penguins

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


carlsona147

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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