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English, 28.05.2021 01:10 lerasteidl

The Business Cycle A graph titled the Business Cycle has time on the x-axis and Economic output on the y-axis. 3 points are connected with a curved line. The line increases and then decreases significantly to point 1. Point 1 drops significantly to point 2, which is the lowest point. Point 2 increases to point 3, which is at the same level as point 1. A family is trying to sell their home at point 2 on the graph. How might this affect the sale of their home? Check all that apply. Their home will likely sell for a low price. Their home will likely sell for a high price. Their home will likely take longer to sell. Their home will likely increase in value if they wait. Their home will likely sell quickly.

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