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Inflation tends to ________ during the expansion phase of the business cycle and ________ during the recession phase of the business cycle. a. increase; increase. b. further dec…

Inflation tends to ________ during the expansion phase of the business cycle and ________ during the recession phase of the business cycle. a. increase; increase. b. further dec…
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Inflation tends to ________ during the expansion phase of the business cycle and ________ during the recession phase of the business cycle.

a. increase; increase.
b. further decrease; decrease.
c. further increase; decrease.
d. decrease; increase

User Grahamaj
by
8.3k points

1 Answer

6 votes
The correct answer is A. Increase, then decrease.
User William Taylor
by
8.7k points
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