When an economy's GDP growth rate slows from the prior period, there is an economic slowdown.
The business cycle includes natural slowdowns in the economy. The typical state of the economy is expansion; most recessions are mild. Option A is correct: the economy slows down following a period of growth.
The factors of supply and demand, changes in the GDP (gross domestic product), capital availability, and future expectations are what drive the economic cycle.
The expansion, peak, contraction, and trough of this cycle are typically divided into four discrete parts.
Consumers buy right away when they feel assured. They are aware that future earnings will result from greater jobs, rising property values, and rising stock prices.
Businesses add additional employees when demand rises. the expansion
For more details about GDP to refer link:
https://brainly.com/question/15682765
#SPJ5
