As a business owner, Marlon analyzed the economy to determine if it is a good time to open a new shop. What facts probably helped him realize that it is a good time do it?
Low unemployment rate and prices are rising slowly
High unemployment rate and prices are rising quickly
Few homes are being sold and restaurants are closing
Prices aren’t changing and factories are shrinking
The correct answer is: Low unemployment rate and prices are rising slowly.
Explanation: A low unemployment rate indicates that more people have jobs and, therefore, more disposable income to spend, which is beneficial for businesses. Additionally, if prices are rising slowly, it suggests stability in the economy, making it a good time for a business owner to invest in opening a new shop.