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rodikova [14]
3 years ago
13

What happens when the economy expands

Social Studies
1 answer:
Ulleksa [173]3 years ago
8 0

Answer:

Expansion is the phase of the business cycle where real GDP grows for two or more consecutive quarters, moving from a trough to a peak. This is typically accompanied by a rise in employment, consumer confidence, and equity markets. Expansion is also referred to as an economic recovery

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