During a business cycle expansion,total production ________ and total employment ________.
A)increases; increases
B)increases; decreases
C)decreases; increases
D)decreases; decreases

Question

Quizplus · Accepted Answer

During a business cycle expansion, total production or output increases as demand for goods and services increases. This increased demand also leads to an increase in total employment as businesses need to hire more workers to meet the demand for their products. Therefore, the correct answer is A) increases; increases.

During a Business Cycle Expansion,total Production ________ and Total Employment