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What is meant by an economic boom or boom period? It is a year or more of high unemployment. It is six months of recession. It is a period of rapid expansion of the Gross Domest…

What is meant by an economic boom or boom period? It is a year or more of high unemployment. It is six months of recession. It is a period of rapid expansion of the Gross Domest…
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What is meant by an economic boom or boom period? It is a year or more of high unemployment. It is six months of recession. It is a period of rapid expansion of the Gross Domestic Product (GDP). It is a period of high inflation.

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Period of rapid expansion of the Gross Domestic Product

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