Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

question 4 of 10 what is a sign of a strong economy? prices of goods an…

Question

question 4 of 10
what is a sign of a strong economy?
prices of goods and services are rising quickly
factories are expanding and restaurants are doing well
unemployment rate is high since many people are looking for jobs
house prices drop since people are not buying them

Explanation:

Brief Explanations
  • For the option "Prices of goods and services are rising quickly", rapid price rise is inflation, not a strong economy sign.
  • "Factories are expanding and restaurants are doing well" shows business growth, increased production, and consumer spending, which are signs of a strong economy.
  • "Unemployment rate is high since many people are looking for jobs" indicates a weak labor market, not a strong economy.
  • "House prices drop since people are not buying them" shows low demand, a sign of a weak economy.

Answer:

B. Factories are expanding and restaurants are doing well