Question

And yes, these are all from gradpoint.

Answer 1

The right answer is that employment, profits, and incomes are high in a boom phase of a capitalist economy. Boom means the expansion of an economy, so that, this phase tends to be associated with a high level of spending, low unemployment, rising prices and profits and a high level of output. Employment is high as firms try to increase output by employing more factor of production, including the people who will produce.