The economic recovery following the 2007-2009 Great Recession has evolved in a(n) _____ fashion.

During this phase, the economy just started to rise from recession then falls back into recession.Select one:a. Double Dip Recessionb. Recoveryc. Expansiond. Contraction

The period of the business cycle between the peak and the trough is the  recovery.   depression.   expansion. Correct!  recession

The "Great Compression" refers to which aspect of the American economy since World War II?Group of answer choicesThe economic boom from the late 1940s to the early 1970sThe cycle of recessions from the early 1970s to the early 1990sThe economic boom from the 1990s to 2007The massive economic recession of 2008 that led to double-digit unemployment

During this phase, output and employment are rising and so is consumer spending.Select one:a. Double Dip Recessionb. Expansionc. Recoveryd. Contraction

As of 2018 the U.S. economy appeared to be _____ the economic downturn now known as the Great Recession.