harrisadria0414 harrisadria0414

03-04-2020
Social Studies

contestada

Regarding the economy, what are the terms expand and contract generally used to describe?

Respuesta :

iivlightlskin iivlightlskin

31-01-2022

Explanation:

Expansion: The economy is moving out of recession. ... Peak: The expansion phase eventually peaks. Sharp demand leads the cost of goods to soar and suddenly economic indicators stop growing. Contraction: Economic growth begins to weaken.

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