question 8\nrefer to the figure above. in year 4,\n○ a new expansion begins.\n○ a recession is starting.\n○…

question 8\nrefer to the figure above. in year 4,\n○ a new expansion begins.\n○ a recession is starting.\n○ the economy is entering a contractionary phase\n○ peak has been reached.

question 8\nrefer to the figure above. in year 4,\n○ a new expansion begins.\n○ a recession is starting.\n○ the economy is entering a contractionary phase\n○ peak has been reached.

Answer

Brief Explanations:

En economía, una recesión comienza cuando la actividad económica empieza a declinar. Observando la curva, en el año 4 la curva empieza a bajar, lo que indica el inicio de una recesión.

Answer:

a recession is starting.