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\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\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 Explanations:

In economic recovery, initially demand rises (2). This prompts firms to increase production (1). To meet higher production needs, they hire more workers (3). As production and employment increase, demand rises again (2).

Answer:

D. 2, 1, 3, 2