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Please answer these questions D Question 34 1 pts What is an economic boom? When the expansion phase goes below the trend line When the

Please answer these questions

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D Question 34 1 pts What is an economic boom? When the expansion phase goes below the trend line When the contraction phase ends and the expansion phase begins When the economy comes out of the trough in the business cycle O When the expansion phase goes above the trend line Question 35 1 pts What is an economic recovery? When the contraction phase ends and the expansion phase begins O When Inflation Increases and there are fewer jobs O When the expansion phase ends and the contraction phase begins When consumers don't believe things can get better D Question 36 1 pts What are reasons an economy is beginning to contract? Inflation decreases, there are more jobs, and consumer confidence Increases Unemployment is stable, there is low inflation and GDP is steady Inflation increases, people lose jobs, and consumer confidence decreases O GDP is increasing, Inflation is steady, and consumer confidence remains high D Question 37 1 pts What are two ways a trough will end in the business cycle? Employment rises as demand for new jobs decreases Confidence is restored in the government and the labor market becomes tighter O Confidence Is weakened as new jobs increase Employment rises as the labor market becomes looser D Question 38 1 pts

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