Question
Which of these situations are more likely to happen in a GOOD economy? A. Phyllis' Coffee, a new business, isn't able to innovate their coffee making process because money is tight. B. Carlos was able to finish a design bootcamp and interview at many companies until he finds the job he likes best. C. Laila is settling for a job that she doesn't want but she needs the money and there aren't any other options. D. Thrills Park delays building the new roller coaster until they can get a bank loan.
Answer
4.6
(231 Votes)
Millie
Professional · Tutor for 6 years
Answer
B
Explanation
In a good economy, there is typicallly low unemployment, increased access to capital, and a favorable environment for both businesses and individual workers. This sets the scene for individuals to have more options in terms of employment and for businesses to invest and expand.A. Indicates a tight money situation, which is atypical for a good economy where we often see more available capital and investment in innovation.B. Reflects a scenario consistent with a good economy because individuals can often afford more education and can be more selective in their job search, given that more jobs are available.C. Suggests a lack of jobs or job options, which would typically not be the case in a good economy.D. Indicates a difficulty in accessing capital, which contrary to the usual ease of obtaining loans in a good economy due to lower interest rates and a willingness of banks to lend.From the analysis above, option B most aligns with a good economy scenario.