During which phase do high unemployment rates decline and levels of income increase?
A) repression
B) peak
C) recession
D) trough
E) recovery

Name: During which phase do high unemployment rates decline and levels of income increase? A) repression B) peak C) recession D) trough E) recovery
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

During the recovery phase of the business cycle, economic activity picks up and there is an increase in employment opportunities. This leads to a decline in unemployment rates and an increase in income levels.

During Which Phase Do High Unemployment Rates Decline and Levels