If the unemployment rate is rising, what part of the business cycle is the economy most likely experiencing? a. peak
b. expansion
c. spiral
d. recession

D. Recession

Explanation:

A recession can be define as the part of the business cycle in which the economy declines for a period of at least six months. The decrease in the economy can be detected by drop in five economic indicators such as employment rate, manufacturing, income, gross domestic product and retail sales.

On the basis of the above explanation, recession is the part of the business cycle in which the unemployment rate rises.