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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
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2 Answers

5 votes

Answer:

C

Step-by-step explanation:

User Sam King
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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
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