3.1.5 Quiz:
In the economy represented by the graph, which set of economic measures is
most likely present at point A in the business cycle?
Production output
The Business Cycle
A
B
C
D

Respuesta :

The economy represented is a set of measures that is most likely to occur in the business cycle is C. Gross domestic product is at its lowest point.

What are economic measures?

The options are:

A. The steady growth line has started to decline.

O B. The unemployment rate is at its lowest point.

O c. Gross domestic product is at its lowest point.

O D. The economy has started a period of recession

The economic measures are those that economists use for measuring the economy of a country and include the GDP, unemployment, and inflation.

The GDP is the most important measure and refers to the business cycle. As per the graph, the GDP is at the lowest point.

Learn more about the economic indicator on:

brainly.com/question/903754

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