Phases of the Business Cycle Which 2 statements are true of the business cycle? Use the image if it helps. You MUST
choose 2 answers. DF
(5 Points)
A. During a period of expansion. GDP is decreasing.
B. Following a peak there will be a period of expansion
C. After a recession there is a period of economic growth.
D. During a recession consumer spending and GDP are down.

Which effect does an increase in a country’s literacy rate have on the people who live there?

Describe some effects of the rise of communism in the soviet union?

In 1914, alabama produced 1.7 million bales of cotton, but three years later produced only 515,000, bales. meanwhile, in georgia, 5.2 million acres of land was dedicated for cotton production in 1914, but by 1923 there were just 2.6 million acres used for growing cotton. all of this was the result of the work of a tiny insect: the boll weevil. alabama and georgia first felt the effects of the boll weevil at different times. what would account for this difference in timing?