Socrates. You think your teacher is tough when he or she asks a question? Socrates almost never gave a straight answer. A question was always followed by another question. He's fun to read about, but I'll bet his students didn't always like it.
Answer choices are:
a. Falling production
b. High inflation
c.Low GDP
d.Rising unemployment
Correct answer choice is:
b. High inflation
A period of economic expansion is basically the period in which the economy of any country is boosted from a low level to a high level.<span> B</span><span>usiness activities surges and gross domestic product (GDP) is expanded until it reaches a peak. The productivity of goods and services rises and the production houses are completely supported by the government. The banks are forced to increase the interest rates in order to raise the profit.</span>
