During the expansion phase of the business cycle, which of the following eventually increases?

Name: During the expansion phase of the business cycle, which of the following eventually increases?
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Question

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During the expansion phase of the business cycle, all of the above factors tend to increase. As the economy grows, production increases, which in turn creates more employment opportunities and higher incomes. This increased demand for goods and services can also cause prices to rise.

During the Expansion Phase of the Business Cycle, Which of the Following