The economy of Sutanvia is under severe financial distress. However, over the last few months, the economy has gradually picked up, and employment levels are slowly rising back to normal levels. Consumers are also beginning to engage in regular buying activities. In this scenario, the economy of Sutanvia is currently in the _____ phase of its business cycle.

Question

Quizplus · Accepted Answer

The economy of Sutanvia is in the recovery phase, as it is gradually improving from financial distress, with rising employment and consumer activity.

The Economy of Sutanvia Is Under Severe Financial Distress