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If GDP is going down, what part  of the business cycle is the economy in?

User Kotte
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Answer:

Recession / contraction

Step-by-step explanation:

Typically, this cycle occurred when there is an average downfall in market demand. This reduce the amount of spending that the customers willing to make.

When this happen, there will be a really high risk that the goods that produced will be left unsold. This discourage sellers to produce the goods and eventually led to the decrease in the nation's GDP.

User Peter And The Wolf
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