Question

Gift Card to who answers my question

Answer 1

Use this image to answer the following question. In the business cycle phase marked “B,” economists expect

full employment.

inflation to be high.

economic growth to slow down.

consumer sales to decrease rapidly.

Answer 2

Aren't they all true?

Answer 3

Depends on where it falls on the long-run GDP trend

Answer 4

Full employment: B
inflation to be high: C
economic growth to slow down: D
consumer sales to decrease rapidly: A