ebrahim65 ebrahim65
  • 03-04-2020
  • Business
contestada

If GDP is going down, what part  of the business cycle is the economy in?

Respuesta :

andriansp andriansp
  • 08-04-2020

Answer:

Recession / contraction

Explanation:

Typically, this cycle occurred when there is an average downfall in market demand. This reduce the amount of spending that the customers willing to make.

When this happen, there will be a really high risk that the goods that produced will be left unsold. This discourage sellers to produce the goods and eventually led to the decrease in the nation's GDP.

Answer Link

Otras preguntas

a bluegill population is at its carrying capacity in a stable lake in minnesota. biologists studying the bluegills' reproductive behavior learn that a single fe
How could you safely determine if a base is stronger than an acid?
How do volcanoes contribute to the formation of new landform?
Why did the Allies agree to focus on Europe before Asia during World War II? A. They saw Germany as the greatest threat. B. They had more resources in Europe.
it is estimated that over ___________% of all crashes in the u.s. are caused by driver distraction.
according to the enotes, _____________ certification of your company can prove to other companies that your company is committed to sustainability at an organiz
Pick the correct description of the line 3x + 3 = y
is good friday a federal holiday 2016
law of conservation of energy
How do you count triplets in 3/2 time?