Economic activity moves from a trough into a period of ________ until it reaches a ________ and then into a period of ________.
A)expansion; trough; recession.
B)recession; trough; expansion
C)expansion; peak; recession
D)recession; peak; expansion

Question

Quizplus · Accepted Answer

Starting with the trough, the economy experiences an expansion until a peak is reached, and then it falls into recession.

Economic Activity Moves from a Trough into a Period of ________