The economic phase with conditions making it easy for consumers to buy homes,cars,and other goods is called
A)expansion.
B)trough.
C)peak.
D)contraction.

Question

Quizplus · Accepted Answer

During an economic expansion, there is an increase in consumer confidence, which leads to higher spending on goods and services, including homes, cars, and other durable goods. This phase of the business cycle is marked by growth, rising employment, and increasing economic activity.

The Economic Phase with Conditions Making It Easy for Consumers