Question

When aggregate economic activity is increasing, the economy is said to be in?

Answer 1

Explanation:

When aggregate economic activity is increasing, the economy is said to be in (1) an expansion.

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Answer 2

Answer:

The economy is alleged to be increasing once the mixture of economic activity is increasing, then it's said to be in an expansion.

Explanation:

When the economy grows, what's it called?

The economy is set out to recover. Borrowing cash is reasonable, companies stock their stocks, and customers begin to pay once more. GDP rises, per capita financial gain, rises, the state falls, and stock markets perform well normally. The word "business cycle" is employed by economists to characterize an economy's ups and downs, or swings.

As a result, an aggregation economy refers to the link between small and macroeconomic interactions.