Question

ECONOMICS

In the economy represented by the graph, which set of economic measures is
most likely present at point A in the business cycle?

Answer 1

In the economy represented by the graph, point A in the business cycle is most likely experiencing a recession.

Step-by-step explanation:

In the AD/AS diagram, the equilibrium level of real GDP at point A in the business cycle is expected to be substantially below potential GDP. This indicates a recession in the economy. During a recession, there is a decrease in economic activity, resulting in a decrease in production, employment, and spending.

Answer 2

C. (GDP) Gross Domestic Product is at it's highest point.

Step-by-step explanation:

This is the answer you're looking for.

Also pay attention this question is asking about point A, not point B, if you're looking for the answer to point B it would be GDP is at it's lowest point.