Question

in a business cycle what are the features of statges of expansions

Answer 1

Answer:

KEY TAKEAWAYS

Expansion is the phase of the business cycle when the economy moves from a trough to a peak.

Expansions last on average about four to five years but have been known to go on anywhere from 12 months to more than 10 years.

Focusing on interest rates and capital expenditure can help investors to determine where we are in the business cycle