The highest unemployment rate is most likely to occur during which of the following phases of the business cycle?
A. contraction
B. expansion
C. peak
D. recession

Respuesta :

The answer choice that best answers this question is D. Recession.

Recession indicates a time of loss and low numbers and profits. Contraction and expansion represent growth and new beginnings in a business which would not result in unemployment. And a businesses peak is when it’s at its largest, and best producing point. So the only option that would lend to unemployment is recession.

I hope this helps! :)
I believe the correct answer is Recession
ACCESS MORE
ACCESS MORE
ACCESS MORE
ACCESS MORE