20-06-2024
Business

Answered

Select the correct answer.

Which phase of the business cycle is marked by an increase in productivity while employment and profits also rise?

A. Inflation
B. Contraction
C. Expansion
D. Recession

Answer :

GinnyAnswer GinnyAnswer

20-06-2024

Final answer:

The expansion phase of the business cycle is characterized by growth in productivity, employment, and profits.

Explanation:

Expansion is the phase of the business cycle marked by an increase in productivity, rising employment, and profits. During this phase, the economy experiences growth, leading to positive economic indicators.

Learn more about Business Cycle Phases here:

https://brainly.com/question/30167425

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