Question

There are four stages in an economic recovery. 1. increased production 2. rising demand (occurs twice) 3. increased hiring In which order do these stages occur?

Answer 1

Rising demand (occurs twice)

Increased Production

Increased Hiring

Rising Demand

Answer 2

1. Rising demand.
2. Increased production.
3. Increased hiring.
4. Rising demand.

Step-by-step explanation:

An economic recovery indicates the end of a recession. It is a phase of the business cycle on which the economy regains and exceeds peak employment and production levels before the recession.

It is typically characterized by abnormally high levels of growth in real gross domestic product, employment, and other indicators.

I hope this answer helps you.