Question

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What is expansion?​

Answer 1

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:

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Answer 2

Answer:

Expansion is a process of increasing or expanding something in size , shape or number .

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