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netineya [11]
3 years ago
7

In the last three quarters of the year, a country's GDP (gross domestic product) level is measured at $12 trillion, $12.5 trilli

on, and $13.2 trillion. Based on this data, the economy is in the _____ phase of the business cycle.
Business
1 answer:
Kaylis [27]3 years ago
7 0

Answer:

EXPANSION

Explanation:

Expansion Phase

The expansion phase is the first stage in a business cycle. It is the period in the business cycle where there are increases in GDP, employment, incomes, production and sales. At this stage, investments is booming and there's a steady flow of money supply. When GDP grows for two or more consecutive quarters, it serves as a good indicator for expansion, moving from trough to peak. It is also known as ECONOMIC RECOVERY.

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3 years ago
Fred is on trial for robbing Sam's Electronics. The prosecution alleges that Fred broke into the warehouse behind the store and
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a. Show her the list and then take it away and have her testify from her 'refreshed recollection.'

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3 years ago
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Hello there!

There is quite a HUGE difference between these both. When being frauded or making a fraud, this would also be known as stealing money.

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