What is expansion?
Answers
Answered by
24
Answer:
Expansion is the phase of the business cycle where real GDP grows for two or more consecutive quarters, moving from a trough to a peak. This is typically accompanied by a rise in employment, consumer confidence, and equity markets. Expansion is also referred to as an economic recovery.
Explanation:
hope it's helpful
Answered by
94
Answer:
Expansion is a process of increasing or expanding something in size , shape or number .
HOPE IT HELPS YOU ☺☺
Similar questions
Business Studies,
2 months ago
Biology,
2 months ago
Social Sciences,
2 months ago
Science,
4 months ago
English,
9 months ago
Biology,
9 months ago