Question

the period of the business cycle in which real gdp is increasing is called the:"

Answer 1

The answer you are looking for is "Expansion" or "Boom". The period in which GDP is falling is called "Recession" or "Contraction". Also note that the business cycle is typically not defined using real GDP, but rather nominal GD

Answer 2

Answer:

The period of the business cycle in which real GDP is increasing is called the expansion.

• In which the real GDP moves from the trough towards the peak.