1 choose the characteristics of the recovery phase. (check all that apply)\nunemployment begins to…

1 choose the characteristics of the recovery phase. (check all that apply)\nunemployment begins to decrease\ngdp begins to rise again\nconsumer confidence lowers\ngdp begins to lower again\ndemand for goods and services increase

1 choose the characteristics of the recovery phase. (check all that apply)\nunemployment begins to decrease\ngdp begins to rise again\nconsumer confidence lowers\ngdp begins to lower again\ndemand for goods and services increase

Answer

Brief Explanations:

In the recovery phase of an economic cycle, as the economy improves, businesses expand and hire more, reducing unemployment. Economic activity increases, causing GDP to rise. With better economic prospects, consumers are more confident and demand for goods and services goes up. Lower consumer confidence and falling GDP are not characteristics of the recovery phase.

Answer:

  • Unemployment begins to decrease
  • GDP begins to rise again
  • Demand for goods and services increase