ebrahim65 ebrahim65
  • 03-04-2020
  • Business
contestada

If GDP is going down, what part  of the business cycle is the economy in?

Respuesta :

andriansp andriansp
  • 08-04-2020

Answer:

Recession / contraction

Explanation:

Typically, this cycle occurred when there is an average downfall in market demand. This reduce the amount of spending that the customers willing to make.

When this happen, there will be a really high risk that the goods that produced will be left unsold. This discourage sellers to produce the goods and eventually led to the decrease in the nation's GDP.

Answer Link

Otras preguntas

what were the main ideas of the reformation?
Which statement best describes a capsid? a. A capsid defines the shape of the virus. b. A capsid is the outside coat of the virus. c. A capsid is a protein coat
what were some of the problems that led to the rise of dictators in germany ,italy ,and japan?
If a+b=6 and a-b = 4, what is the value of 2a + 3b?
Which of the following stages of the cell cycle occurs immediately prior to mitosis? (A) G1 (B) G2 (C) S (D) M (E) cytokinesis Can you please explain with some
Can you make this into an algebraic expresion
What does compris mean in French ???
John Marshall's Supreme Court decisions in the early 1800's did all of the following, except...a.) increase the power of the federal government over the statesb
What does compris mean in French ???
A special form of loose connective tissue that pads and insulates the body and stores fuel reserves is known as (A) epithelial tissue. (B) adipose tissue. (C) f