Politics

Question

What does the

'recovery' portion

of this graph

represent?

boom

GDP

recovery.

"OisSaDar

trough

Time

A. Businesses are starting to produce more

products and jobs.

B. Product prices are skyrocketing.

C. Businesses are starting to employ fewer

people.

recovery.

Answer

The 'recovery' portion of the graph represents the period when the GDP is increasing after a period of decline. Option A is the correct answer.

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The recovery phase of the business cycle is characterized by an increase in economic activity, such as an increase in production, employment, and consumer spending...