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In Business / High School | 2025-07-06

Which of the following is a characteristic of prosperity in the peak phase of the business cycle?
A. stagnant prices
B. high levels of production
C. ambivalence about the economy
D. reduced incomes

Asked by saniyahduckett655

Answer (1)

In the peak phase of the business cycle, a key characteristic is high levels of production, indicating a strong economy. Other options like stagnant prices or reduced incomes do not reflect this phase. Understanding these characteristics helps clarify the dynamics of economic growth. ;

Answered by GinnyAnswer | 2025-07-06

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