Which of the following scenarios would indicate that a nation's economy is entering the recovery phase of the business cycle?

After several months of declining sales levels, higher retail sales are recorded for three months in a row.

After several months of declining sales, sale levels reach an all-time low.

After sales figures increase for several months, economic data indicates that retailers are hiring new workers to satisfy increased demand.

After a promising holiday season, retail sales in the nation begin to decline during the spring.

I think it is C. What do you think??

Question

Which of the following scenarios would indicate that a nation's economy is entering the recovery phase of the business cycle?

After several months of declining sales levels, higher retail sales are recorded for three months in a row.

After several months of declining sales, sale levels reach an all-time low.

After sales figures increase for several months, economic data indicates that retailers are hiring new workers to satisfy increased demand.

After a promising holiday season, retail sales in the nation begin to decline during the spring.

I think it is C. What do you think??

awolflover1 · Answer

Well i can't tell you the answer but C is correct :D

anonymous · Answer

awesome. Thank you! You are a life saver