Solved

After Several Years of High Unemployment Rates, Businesses Are Hiring

Question 30

Multiple Choice

After several years of high unemployment rates, businesses are hiring more employees after reporting several quarters of increased profits. Which of the following is the economy likely in?


A) recovery phase
B) contraction phase
C) a trough
D) a peak

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions