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What are the results when an economy retracts?IM STUDYING ECONOMICS, SO CONFUSED PLS HELP

User Johnnyutts
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When the economy retracts, production begins to recover and output starts to rise. Consequently, unemployment begins to fall as more jobs are created and more goods and services are produced by businesses. Also, confidence begins to rise leading to recovery of consumer spending

User Roych
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When the economy retracts, production begins to recover and output starts to rise. Consequently, unemployment begins to fall as more jobs are created and more goods and services are produced by businesses. Also, confidence begins to rise leading to recovery of consumer spending

User Ervis Trupja
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