Which of the following scenarios would indicate that a nation's economy is entering the recovery phase of the business cycle?

After sales figures increase for several months, economic data indicates that retailers are hiring new workers to satisfy increased demand.

After several months of declining sales, sale levels reach an all-time low.

After several months of declining sales levels, higher retail sales are recorded for three months in a row.

After a promising holiday season, retail sales in the nation begin to decline during the spring.

Question

Cade Irwin

Business

14 April, 07:42

Which of the following scenarios would indicate that a nation's economy is entering the recovery phase of the business cycle?

After sales figures increase for several months, economic data indicates that retailers are hiring new workers to satisfy increased demand.

After several months of declining sales, sale levels reach an all-time low.

After several months of declining sales levels, higher retail sales are recorded for three months in a row.

After a promising holiday season, retail sales in the nation begin to decline during the spring.

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Answers (1)

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Xiomara Shaffer · Answer 1

After sales figures increase for several months, economic data indicates that retailers are hiring new workers to satisfy increased demand.

All of the other options would show concerning economic signs, not signs of recovery. Recovery happens when there is an upturn in the economy, more hiring and better sales.