An economy has experienced growth in GDP for months, but recently that growth has stopped and unemployment has begun to rise slightly. This economy is most likely in which phase of the business cycle?

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asked Nov 19, 2021 206k views

2 votes

An economy has experienced growth in GDP for months, but recently that

growth has stopped and unemployment has begun to rise slightly. This
economy is most likely in which phase of the business cycle?

Social Studies
college

Kiran Reddy asked

by Kiran Reddy

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2 Answers

2 votes

Answer:

Peak

Step-by-step explanation:

Boltthrower answered Nov 22, 2021

by Boltthrower

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1 vote

Answer: peak

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DylanT answered Nov 23, 2021

by DylanT

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