According to Joseph Schumpeter, the stage that is described above is the Recovery stage.
<h3>What happens in the recovery stage?</h3>
- The country begins to recover from the negative economic conditions of the depression.
- Signs of stability will begin to appear.
In the recovery stage, economic activity will start to rise as there will be more production of goods and services.
Unemployment will also begin to drop as more companies hire people to produce. They will in turn increase spending which would further stimulate the economy.
In conclusion, this is the recovery stage.
Find out more on the recovery stage at brainly.com/question/3951038.
Answer:
the available options for this question are,
A. associated; does not
B. associated; also does
C. not associated; does
and the correct answer is option B. associated; also does.
the purchasing power means the ability of a currency unit to purchase a specific amount of goods and services and this is directly in line with the internal inflation rate of an economy.
Explanation:
