the problems in the bust phase of contraction is _ * 2 points cell phones are expansive to replace inflation…

the problems in the bust phase of contraction is _ * 2 points cell phones are expansive to replace inflation unemployment declining economic growth identify number 1 of the cycle using the cycle drawn on the board * trough contraction peak expansion

the problems in the bust phase of contraction is _ * 2 points cell phones are expansive to replace inflation unemployment declining economic growth identify number 1 of the cycle using the cycle drawn on the board * trough contraction peak expansion

Answer

Brief Explanations:

In the bust phase of contraction in the economic cycle, common problems include unemployment and declining economic growth. Inflation is more associated with expansionary phases in some cases, and the cost of replacing cell - phones is not a typical economic cycle - related problem in the bust phase. For the second part, without seeing the cycle drawn on the board, but generally in an economic cycle, the start of a new cycle can be considered as a trough.

Answer:

  1. C. unemployment, D. declining economic growth
  2. A. trough