If output is rising and unemployment is falling,the economy MUST be in a(n)
A)contraction.
B)expansion.
C)depression.
D)hyperinflationary period.

Question

Quizplus · Accepted Answer

When output is rising and unemployment is falling, it indicates the economy is in an expansionary period. This is because businesses are producing more goods and services, leading to job creation and a decrease in unemployment.

If Output Is Rising and Unemployment Is Falling,the Economy MUST