there are four stages in an economic recovery.\n1. increased production\n2. rising demand (occurs twice)\n3…

there are four stages in an economic recovery.\n1. increased production\n2. rising demand (occurs twice)\n3. increased hiring\n\nin which order do these stages occur?\no 2, 1, 2, 3\no 3, 2, 1, 2\no 2, 3, 1, 2\no 2, 1, 3, 2

there are four stages in an economic recovery.\n1. increased production\n2. rising demand (occurs twice)\n3. increased hiring\n\nin which order do these stages occur?\no 2, 1, 2, 3\no 3, 2, 1, 2\no 2, 3, 1, 2\no 2, 1, 3, 2

Answer

Brief Explanation:

In economic recovery, initially demand rises (as consumers start spending more). This prompts producers to increase production to meet the new - found demand. As production increases, firms need more workers, so hiring increases. And as the economy continues to grow, demand rises again.

Answer:

A. 2, 1, 2, 3