Exhibit 12-1 Business cycle

-In Exhibit 12-1,the recovery phase of the business cycle can be represented by points:

Name: Exhibit 12-1 Business cycle -In Exhibit 12-1,the recovery phase of the business cycle can be represented by points:
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Question

Exhibit 12-1 Business cycle
 
-In Exhibit 12-1,the recovery phase of the business cycle can be represented by points:

Quizplus · Accepted Answer

The recovery phase of the business cycle is characterized by increasing economic activity and employment. Points B and D represent this phase, as they show an increase in both GDP and employment.

Exhibit 12-1 Business Cycle