Question

Which economic indicators most strongly suggest that an economy is
experiencing the expansion phase of the business cycle?
A. Unemployment rates are rising while GDP is falling.
O B. Unemployment rates are declining while GDP is rising.
O C. Both GDP and unemployment rates are rising.
D. Both GDP and unemployment rates are falling.

Answer 1

Answer:

A. Unemployment rates are rising while gdp is falling

Explanation:

Answer 2

Unemployment rates are rising while GDP is falling is the economic indicators most strongly suggest that an economy is experiencing the expansion phase of the business cycle. Hence, option A is correct.

What is Unemployment rates?

Unemployment rates is the number of people who are unemployed in comparison of the total employment in the workforce. Unemployment rates directly affects the economic growth of the country.

If the Unemployment rates are more in  the country than it is considered the poor economy of the country.

Thus, option A is correct.

For more details about Unemployment rates, click here:

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