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Katena32 [7]
3 years ago
10

The phase of a business cycle after a recession in which consumer confidence is shaken and consumers reduce spending is called

Business
1 answer:
Strike441 [17]3 years ago
5 0

Answer:

Depression

Explanation:

A business cycle is defined as the period that occurs between a boom and a contraction in an economy. A boom is rapid economic growth while a contraction is a period of slow economic growth.

There are 6 stages of business cycle: expansion, peak, recession, depression, trough, and recovery.

A recession is the early stage of a contraction in which demand for products start to decline and prices fall.

After a recession is depression. In this stage economic growth declines further, unemployment increases, consumer confidence is shaken and consumers reduce spending

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What are the 4 steps to branding? How could we relate this to the scientific method?
Crank

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•Define how you want to be perceived

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( I don't know what is the answer on your second question, sorry! :< )

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The actual management of a corporation is the function of its _____.
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The correct answer is B

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