Ask Question
27 July, 19:57

Which phase of the business cycle would be most closely associated with an high unemployment and a reduction in real gdp?

+2
Answers (1)
  1. 27 July, 23:17
    0
    Trough means the real GDP is the lowest in the cycle, with an increase in unemployment and a decrease in real GDP
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which phase of the business cycle would be most closely associated with an high unemployment and a reduction in real gdp? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers