The inflation rate is decreasing and unemployment is rising. The economy is likely in a. contraction b. expansion c. a peak d. a trough

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asked Aug 10, 2018 125k views

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Energee · Answer 1 · 2018-08-14T20:33:30+0000

Answer:

A. Contraction

Step-by-step explanation:

According to economic cycles, the economy is in a state of contraction, that is, that this is a period in which economic activity slows down, production and sales levels drop, and consequently companies begin to lay off staff.

The inflation rate is decreasing and unemployment is rising. The economy is likely in a. contraction b. expansion c. a peak d. a trough

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