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Alex’s business shows high economic activity that is followed by a slump in growth. Which phase of the business cycle is Alex’s business in?

Alex’s business shows high economic activity that is followed by a slump in growth. Which phase of the business cycle is Alex’s business in?
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Alex’s business shows high economic activity that is followed by a slump in growth. Which phase of the business cycle is Alex’s business in?

User Kinglish
by
7.9k points

2 Answers

7 votes

Answer:

Recession

Step-by-step explanation:

User Scherling
by
8.8k points
1 vote

the answer is an expansion


User Ahn
by
8.6k points
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