Inflation is low but the unemployment rate is the highest seen in several years. Economists report signs that the economy is beginning to improve. The economy is likely in

recession.

expansion.

a peak.

a trough.

I think the correct answer from the choices listed above is the second option. Inflation is low but the unemployment rate is the highest seen in several years. Economists report signs that the economy is beginning to improve. The economy is likely in expansion. Any type of improvement indicates economic expansion. Hope this answers the question.