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This is the phase of the business cycle, where there are large unemployment rates, a decline in annual income, and overproduction. a. recession c. recovery b. depression d. peak…

This is the phase of the business cycle, where there are large unemployment rates, a decline in annual income, and overproduction. a. recession c. recovery b. depression d. peak…
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This is the phase of the business cycle, where there are large unemployment rates, a decline in annual income, and overproduction.

a.
recession
c.
recovery
b.
depression
d.
peak

User Paresh Mayani
by
7.9k points

1 Answer

7 votes
You mixed up the answers haha but it’s okay. The answer is B. Depression
Explanation: Large unemployment rates, overproduction, and a mass decline in annual income.
User Wei WANG
by
7.3k points
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