In this phase of the economy, most businesses appear to be highly profitable.
A) Trough
B) Recession
C) Recovery
D) Boom

Name: In this phase of the economy, most businesses appear to be highly profitable. A) Trough B) Recession C) Recovery D) Boom
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Question

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A "boom" phase of the economy is characterized by high levels of economic growth, low unemployment, and high profits for businesses. This is often a time when consumer confidence is high and spending is strong, leading to increased profits for businesses.

In This Phase of the Economy, Most Businesses Appear to Be