Keltica, a country in Asia, enjoyed a period of great economic boom in the 1980s. The country had robust economic growth, high employment, and abundant business investments during this period. In the context of the business cycle, the economy of Keltica was in _____ during the 1980s.

Question

Quizplus · Accepted Answer

During the 1980s, Keltica experienced robust economic growth, high employment, and abundant business investments, which are characteristics of the expansion phase in the business cycle.

Keltica, a Country in Asia, Enjoyed a Period of Great