Which of the following statements accurately describe the phases of a business cycle? Check all that apply. a. A contraction phase is when an economy exhibits decreasing levels of production and consumption.
b. A period of expansion is when an economy exhibits decreasing levels of production and spending.
c. A trough occurs at the end Of the contraction phase and the beginning of the expansion phase.
d. A peak level of business activity occurs at the end of the expansion phase and the beginning of the contraction phase.

A contraction period is characterized by the following attributes: businesses that are operating lower productive capacity, unemployment, low retail sales, prices and interest rates, a declining stock market, and expectations of business profits.
Contraction periods tend to end with a ,while expansion periods tend to end with a

Which of the following statements accurately describe the phases of a business cycle? Check all that apply.

a. A contraction phase is when an economy exhibits decreasing levels of production and consumption.

c. A trough occurs at the end Of the contraction phase and the beginning of the expansion phase.

d. A peak level of business activity occurs at the end of the expansion phase and the beginning of the contraction phase.

A contraction period is characterized by the following attributes: businesses that are operating lower productive capacity, HIGH unemployment, low retail sales, LOWER prices and interest rates, a declining stock market, and expectations of LOWER business profits.

Contraction periods tend to end with a TROUGH, while expansion periods tend to end with a PEAK.

b. a single paragraph.

a paragraph is a series of sentences that are organized and make sense, and are all related to a single topic . almost every piece of writing you do that is longer than a few sentences should be organized into paragraphs. this is because paragraphs show a reader where the subdivisions of an essay begin and end, and thus the reader see the organization of the essay into subjects in order to be able to understand its main points.

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