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

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

Quizplus · Accepted Answer

When output is rising and unemployment is falling, it indicates a period of economic expansion, where businesses are growing and creating more job opportunities.

If Output Is Rising and Unemployment Is Falling, the Economy