Ask Question
BusinessBusiness
4 February, 20:26

Which of these is MOST associated with the term "contraction" as it relates to the business cycle?

Growth

Income

Recession

Spending

+1
Answers (2)
  1. 4 February, 21:13
    0
    Recession is the most associated word to "contraction" as, by definition, a recession is a decline in economic growth (as measured by GDP) in two consecutive periods of measurement.
  2. 4 February, 21:51
    0
    The answer is: Recession

    The term 'contraction' means something that getting smaller.

    During recession period, the amount of gross domestic product in the country is relatively low compared to the usual. This coupled with low amount of investment and high number of unemployment. This make the country experience smaller or no economic growth at all during the recession.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of these is MOST associated with the term "contraction" as it relates to the business cycle? Growth Income Recession Spending ...” 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
You Might be Interested in
Business cycle refers to: a. a period of macroeconomic expansion followed by a period of contraction. c. a microeconomic explanation of the number of firms that enter and leave the marketplace over a five year period of time. b.
Answers (1)
Which of the following suggestions acknowledge different values and respect the need for moral initiative? Check all that apply. a. Find alternatives. b. Don't rationalize shady decisions. c. Avoid transparency. d.
Answers (1)
Which is NOT a money management skill discussed in the reading material? a) Estimating expenses b) Managing your time in a healthy manner c) Formulating a budget d) Saving for emergencies
Answers (1)
Sarah, a majority shareholder in Teal, Inc., made a $200,000 interest-free loan to the corporation. Sarah is not an employee of the corporation. a.
Answers (1)
Why were tenements constructed as tall, narrow buildings?. A) to make them less expensive to build. B) to make it easier for residents to get to work. C) to conform to safety codes. D) to allow better living conditions.
Answers (1)
New Questions in Business
In many states, the minimum amount that stockholders must contribute to the corporation, and which is intended to protect the creditors of the corporation, is called the:
Answers (1)
Other things being equal, the monopolist will hire the same number of workers as a perfectly competitive industry would. hire fewer workers than if the industry were perfectly competitive.
Answers (1)
Which of the following statements is true about using fonts in business documents? A. Sans serif fonts, such as Arial, are best in business letters and emails. B. Use as many different types of fonts in a business letter as you can. C.
Answers (1)
In creating the Wii, how did Nintendo ensure a supply of complements that would motivate customers to adopt its new video game format? a. Nintendo made only a select number of games to run exclusively on the Wii system. b.
Answers (1)
Suppose that B2B, Inc., has a capital structure of 35 percent equity, 16 percent preferred stock, and 49 percent debt. Assume the before-tax component costs of equity, preferred stock, and debt are 14.5 percent, 11.0 percent, and 9.
Answers (1)
Home » Business » Which of these is MOST associated with the term "contraction" as it relates to the business cycle? Growth Income Recession Spending
Sign Up Forgot Password?