173k views
4 votes
Which of the following terms best applies to a very fast increase in economic output which usually occurs before a peak?

a. recession
b. expansion
c. boom
d. recovery

User Lumaskcete
by
8.9k points

2 Answers

5 votes

Answer:

C

Step-by-step explanation:

User Sam King
by
8.0k points
4 votes
The term which best applies to a very fast increase in economic output which usually occurs before a peak is called a boom - c.

When we're talking about booms, we're talking about high-upwared projected increases of economic output which are then followed by a peak and later on by a small decrease.
User Reflog
by
8.9k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories