the phase of the business cycle with the highest level of GDP and the lowest unemployment rate is called ..

a) through

b) contraction


c) expansion

d) peak

PLEASE HELP!!!

Answer:

The highest point of the economy, before a recession begins, is called the peak; conversely, the lowest point of a recession, before a recovery begins, is called the trough. Thus, a recession lasts from peak to trough, and an economic upswing runs from trough to peak.

The phase of the business cycle with the highest level of GDP and the lowest unemployment rate is called the peak. Hence option D is correct.

During this phase, the economy is operating at full capacity, with strong demand for goods and services, high levels of production, and low levels of unemployment. In other words, the peak is the phase in the business cycle when the economy is performing at its best.

During the peak phase, consumer confidence is high, and businesses are expanding their operations and investing in new projects. This leads to increased employment opportunities, higher wages, and a general sense of economic prosperity.

However, the peak phase can also lead to inflationary pressures as demand outstrips supply, which can eventually lead to a slowdown in economic growth.

It is important to note that the peak phase is typically followed by a contraction phase, where the economy starts to slow down and eventually enters a recession. As such, policymakers and businesses need to be aware of the signs of an approaching peak phase and prepare for a potential slowdown in economic activity.

Learn more about peak here

https://brainly.com/question/25180592

#SPJ5

Commitment is defined as A: a promise that you keep to yourself or someone else. B: an immediate goal that someone has and reaches. C: something that will take quite a while to complete. D: the desire to keep a promise or reach a goal.

Who's the respondent in a federal court?

Find a word in the snake to match each definition

For Granfield's article "Making It By Faking It," what sample of participants did he focus on for his analysis?

why do you think most teachers are women​

What did you learn about structured
arguments/debating?

Help！！！！！Affirmative position: Accepting the doctrine of animal rights means agreeing that animals should not:

be experimented on.
be bred or killed for food, clothes, or medicine.
be used for hard labor.
be subject to selective breeding, except to benefit the animal.
be hunted.
be placed in zoos or used in entertainment.
Based on this affirmative position, what objections could the negative side present? Check all that apply.

Eating a strictly vegan diet may be harmful for some people.
Hunting permits could be limited.
There are not enough nonanimal-based food products to feed the entire population.
Poultry farmers would go out of business.
Experiments are performed in a controlled setting.

1. The federal government is considering some fiscal policy alternatives. Will its choice between the following pairs of policy changes influence the level of aggregate demand, and if so how?
a) An increase in taxes of 100 versus a reduction in transfer payments of 100.
b) An increase in highway construction of 100 versus an increase in Social Security benefits of 100.
c) A reduction in military procurement of 100 versus a reduction in scientific research of 100.
d) A reduction in mass transit programs of 100 versus a tax increase of 100.

2. Consider an economy in which the marginal propensity to consume is two-thirds, prices are constant, the multiplier is three, G is initially 1,000, taxes are autonomous (not related to income) and are initially 1,300, transfer payments are initially 300, and GDP is initially 7,000.
a) The government wishes to increase GDP to 7,300, and it is considering changing government purchases, or taxes, or transfer payments. What new levels of these fiscal policy tools would be needed? In each case, what would the new government surplus or deficit be?
b) Suppose instead that the government wished to reduce GDP to 6,400 and, again, it was considering using only one of its three available fiscal policy tools. What level of these tools would be needed? In each case, what would the government surplus or deficit be?
c) Suppose instead that the government wished to raise GDP to 7,100, but it was unwilling to run a surplus or deficit. Therefore the change in government purchases would have to be matched by an equal change in taxes. What change in government purchases and taxes would be needed?

3. The Sixteenth Amendment to the U.S. Constitution, adopted in 1913, permitted an American income tax for the first time. In view of this, explain why the multiplier was either higher or lower in the 19th century than it is today.

4. Assume that people do not change the amount of currency they wish to have in circulation. When a bank finds itself with excess reserves, it lends the excess; the borrower generally uses the funds to pay a third party, who in turn deposits the funds in a different bank. In each of the following cases, use balance sheets to trace the process of money creation (or contraction) through three banks, showing the change in the money supply at each stage.
a) Paul Prospector discovers a million dollars worth of gold, and deposits it in his bank. The required reserve ratio is 20 percent. (Hint: Use Accounting Ledger)

5. How much money in the form of bank deposits will $100 million in reserves support, if the reserve ratio is 10 percent, 20 percent, 25 percent, 33.3 percent, 50 percent, 100 percent?

when was ancient egypt the most powerful and prosperous

After spending the afternoon baking cookies, Craig call the family in for a taste test. They were already at the door as the smell filtered throughout the house. Craig was the only family member not able to smell the cookies as he had been baking them. What sensation concept would explain this? His daughter, Maggie, had a cold and was disappointed that she found she couldn't taste them. What would explain this? His wife, Kim, smelled two different cookies and was certain she detected a different level of sweetness between the two. What would explain this? Please use applicable terms and explore them as you answer.

5:22 PM Mon Oct 11
Leaders are always taken as as a role models ? What does it mean?

which of the following had the most slaves of all the western territories

Which of the Earth’s four spheres is composed of all the water on Earth, and is located at number 2 on the image above?

Please someone help me.

4.
In a map, a blue color represents
(b) oceans and seas
(a) mountains
(c) forests

Give an example of a character from a movie or a television show that is likely in a stage of emerging adulthood.

Would a group of free, equal and rational people necessarily agree on a set of rules for live by? If not, is this a problem for contractarianism?

Current issues today and how it is related to liberty or federalism

What ideas are the same in the Declaration of Independence and Common Sense?

Joan, an employee of Great American Market, was warned about her excessive absenteeism several times, both verbally and in writing. The written warning included notice that "further violations will result in disciplinary actions," including suspension or discharge.
A short time after the written warning was issued, Joan called work to say she was not going to be in because her babysitter had called in sick and she had to stay home and care for her young child. Joan's supervisor, Sylvia, told her that she had already exceeded the allowed number of absences and warned that if she did not report to work, she could be suspended. When Joan did not report for her shift, Sylvia suspended her for fifteen days.
In a subsequent hearing, Joan argued that it was not her fault that the babysitter had canceled, and protested that she had no other choice but to stay home. Sylvia pointed out that Joan had not made a good faith effort to find an alternate babysitter, nor had she tried to swap shifts with a co-worker. Furthermore, Sylvia said that the lack of a babysitter was not a justifiable excuse for being absent.

The Age of Exploration was driven in large part by the search for wealth.

True

False

please help me on this its due in class now​

which native american group lived in what is now mexico

the term categorical in its simplest definition mean what

In "general" the territories of European countries follow ALL the laws of the EU

banking and finance unit test

1. What were the major changes from the Articles of Confederation to the Constitution?

Do you think Qatar as the host nation of this upcoming mega-event is doing enough (from a PR perspective) to attract more tourists across the globe?

describe 2 ways in which canadas government plays a role in the nations economy

Give examples of two different scientific disciplines, and explain how observation plays an important role in each.​

How are girls and boys similar ? How are they different ?​