Question

select all that apply
what are the two parts of the expansion phase of the business cycle?

□ recession
□ prosperity
□ recovery
□ depression

Explanation:

The business cycle's expansion phase consists of two parts: Recovery (where the economy starts growing after a downturn) and Prosperity (a period of strong economic growth, high employment, and increased production). Recession and Depression are parts of the contraction phase.

Answer:

B. Prosperity, C. Recovery