Question

This is a graph of the business cycle.

Time is measured along the x-axis. What is measured along the y-axis?
employment levels
prices
economic output
demand

Answer 1

The answer is C-Economic Output.

Hope this helps! :)

Answer 2

The correct answer is economic output

Explanation: Economic Output is the "quantity of goods or services produced over a given period of time by a company, industry or country" consumed or used for additional production. The concept of national production is essential in the field of macroeconomics.