Answer
The four stages of the business cycle are; D. Prosperity, recession, depression, recovery
Explanation
The first phase of the business cycle is the prosperity phase where there is an expansion of output, income, employment, prices and profits. There is also improvement of standard of living at this stage.
The second phase is the recession phase that is characterized by being the turning point from prosperity to depression. During this phase there is slow down of economic activities and it generally lasts for a short period of time.
Depression phase is when there is contraction or downswing of economy and is characterized by decrease in volume of output, fall in income and rise in unemployment, fall in interest rate and deflation.
Recovery phase is the lower turning point in the cycle where the business recovers from depression to prosperity. It is characterized by expansion and rise in economic activities. Demand will rise, increasing production that boosts investment.
That is malay the language spoken in malaysia
Answer:
Look at the explanation
Explanation:
Expensive profit reffers to all costs of doing business. This means expenses spent on operating, taxes, interest, depreciation, and other included expenses that are explicit or undoubtful.
Nigeria has a federal republic. It has executive, legislative and judicial branches of government. The National Assembly constitutes the legislative branch of government, the president exercises executive authority and the Supreme Court is the nation's highest court.
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