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In the business cycle, an expansion phase typically follows immediately after a contraction. During this recovery period, economic activity begins to increase, leading to growth in employment, production, and consumer spending. This transition marks a return to positive economic growth, as businesses start to invest and consumers regain confidence.

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1d ago

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True or false a expansion of the economy always follows a peak or boom?

The simple answer to this questions is False. In economics you learn the ideal of a business cycle, which is the layout for economic cycles. The cycle represents a wave in a visual representation. A peak or boom is the point at which the GDP is maximized; this is then followed by a recession where the GDP is in decline. To follow the recession you have a trough cycle, which is the point where GDP is minimized. To follow the trough you have a recovery cycle where the GDP is in incline to the point of the peak or boom. So to answer the question in an economic business cycle term an expansion follows a trough in the economy and actually leads to a peak or boom.


Why is business spelled business?

I've always wondered that myself. The way it's spelled it should be pronounced Bus - i - ness. The way we say it should be spelled Buisness.


What is static multiplier?

A static multiplier assumes that an investment change, whether good or bad, causes an income spike or loss immediately. This is not always so.


What is a fundamental goal of business?

Fundamental Goal of BusinessThe fundamental goal of Business is to create Surplus. This always need not be in terms of Money, but improved customer satisfaction, Goodwill etc. Brahmajyothi


How many Hours does an average business man work?

Having your own business means you eat, sleep and drink your business 24/7. As it grows you can allow yourself to slow down. Always put your family and health first otherwise what is the point?

Related Questions

What always follows immediately after a peak?

What always follows immediately after a peak is a decline or downward trend. This can be observed in various contexts, such as in economics, where a market peak is often followed by a recession, or in nature, where a mountain peak is followed by a slope. This pattern reflects the cyclical nature of many systems, where highs are typically succeeded by lows.


Do you always capitalize I've?

No, because it isnot a propernoun. It is a pronoun.


What is a salutation in a personal business letter?

A salutation is an addressing to the person that the letter is addressed to and in a business letter you should always start with "Dear" and then add something like "Sir" or "Madam" immediately after it.


Does they're stand for they are?

Yes, always.


What follows a cause?

A cause always has an effect.


Will a muscle contraction will always promote movement of body parts regardless of how they are attached?

No


Does muscle contraction always promote movement?

No, muscle contraction doesn't always promote movement. For example, in an isometric contraction, the muscle does not change length, so movement is not produced. Additionally, some muscles can contract to stabilize joints without producing visible movement.


Some muscle fibers always contracted?

Summation and/or tetanic contraction. Summation is increased muscle contraction until maximal sustained contraction is achieved. Tetanic contraction is sustained muscle contraction without relaxation. If you're inquiring for the Learning Objective Review in an anatomy and physiology course, the question refers to a condition in which some fibers are always contracted... so I'm not sure if they're looking for summation or tetanic contraction - but I think it would be tetanic contraction as summation is more the process leading up to the tetanic contraction...


What always follows a full stop?

A capital letter.


Search warrants are you immediately under arrest?

no not always


What A recession is always associated with?

A recession is typically associated with a decrease in GDP, rising unemployment rates, reduced consumer spending, and a decline in business investment. It often leads to lower wages, decreased production, and overall economic hardship.


What is the proper contraction for the word Madam?

The contraction for madam is ma'am.Example: Excuse me ma'am, you've dropped your glove.The contraction ma'am should only be used when speaking. Always use the full form when addressing someone specific, such as Madam Chairman or Dear Madam.