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there are several signs:

  1. High level of output and trade.
  2. High level of effective demand.
  3. High level of income and employment.
  4. Rising interest rates
  5. Inflation.
  6. Large expansion of bank credit.
  7. Overall business optimism.

the opposite of this is true for a weak or recessive economy

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11y ago
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13y ago

In general, having more exports than imports is characteristic of a strong economy. Furthermore, having a positive national debt ratio and a strong currency (you can check comparisons on several websites) are indicative of a good economy.

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12y ago

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Q: Which of these is a characteristic of a strong economy?
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