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ECONOMICS

This is a graph of the business cycle. A graph of the business cycle has time on the x-axis. A curve increases slightly and then decreases significantly to the lowest point on the graph. The curve then increases again. Time is measured along the x-axis. What is measured along the y-axis?
employment levels
prices
economic output
demand

Answer :

Answer:

c. Is the answer

Explanation:

economic output

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The variable that is measured along the y axis is the economic output of the business.

What is a graph?

A graph is a representation of two variables on two different axes. One variable is represented on the vertical axis and the other is represented on the horizontal axis.

In the description that we have in the question, we can see that the variable that is measured along the y axis is the economic output of the business.

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