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  2. Topic
    Business
  3. Study Set
    Survey of ECON
  4. Exam
    Exam 11: Introduction to Macroeconomics: Unemployment, Inflation, and Economic Fluctuations
  5. Question
    In the Expansion Phase of the Business Cycle, _____
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In the Expansion Phase of the Business Cycle, _____

Question 56

Question 56

Multiple Choice

In the expansion phase of the business cycle, _____.


A) output rises
B) unemployment rises
C) consumer and business confidence is low
D) investment falls
E) expenditure on durable consumer goods fall

Correct Answer:

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