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What does the business cycle shown on this graph suggest about the condition of the economy at point C?
A. The economy is in a period of growth that will continue for some time.
B. The economy has struggled for some time but is preparing to recover. C. The economy has done well for a while and is at its highest point of the cycle. D. The economy is getting worse and will continue declining for another quarter.

What does the business cycle shown on this graph suggest about the condition of the economy at point C A The economy is in a period of growth that will continue class=

Respuesta :

Answer:

The correct answer to your question is: A) The economy is in a period of growth that will continue for some time.

Explanation:

Point C is not at the peak nor at the bottom and we see it will continue to grow past point C.

The correct option is B). The economy has struggled for some time but is preparing to recover.

What is business cycle?

A business cycle is the economic changes that take place in a country over a period.

There four phases of the business cycle that are expansion, peak, contraction, and trough.

Basically, it is a cycle or series of cycles of economic expansion and contraction.

Learn more about business cycle here:-

https://brainly.com/question/4511868

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