Steve and his brother used to work at the same organization. a few months ago their employer terminated them because the business had slowed due to slow economic growth in the country. a couple of months later, steve found out that many of his friends are also unemployed. the government stated that gdp had fallen for two consecutive quarters. steve's country is experiencing which economic phase?

Question

Mathematics

Roy Whitney

7 April, 20:33

Steve and his brother used to work at the same organization. a few months ago their employer terminated them because the business had slowed due to slow economic growth in the country. a couple of months later, steve found out that many of his friends are also unemployed. the government stated that gdp had fallen for two consecutive quarters. steve's country is experiencing which economic phase?

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Shea Watson · Answer 1

The question is asking to state what is steve's country experiencing and base on the fact and further research, I would say that the country is on Economic downfall. I hope you are satisfied with my answer and feel free to ask for more if you have question and further clarification