Suppose an economy has historically grown at a rate of 1.25%. economic activity decreased every quarter over the past year, but

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3 years ago

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Suppose an economy has historically grown at a rate of 1.25%. economic activity decreased every quarter over the past year, but

the decline stopped this quarter. the economy is expected to grow at a rate of 1.4% in the near future, but monetary authorities are concerned that inflation may increase. this economy is probably in the _____ stage of the business cycle.

Business

1 answer:

laiz [17] · Answer 1 · 2022-08-22T09:40:09+03:00

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Suppose an economy has historically grown at a rate of 1.25%. economic activity decreased every quarter over the past year, but the decline stopped this quarter. the economy is expected to grow at a rate of 1.4% in the near future, but monetary authorities are concerned that inflation may increase. this economy is probably in the _____ stage of the business cycle.