Recessions begin at ________ and end at ________.
A)the highest unemployment rate; the lowest unemployment rate
B)the lowest unemployment rate; the highest unemployment rate
C)a peak; a trough
D)a trough; a peak

Question

Quizplus · Accepted Answer

A recession is the period of time from the peak of economic activity to the trough; changes in the unemployment rate tend to lag behind the business cycle.

Recessions Begin at ________ and End at ________

Recessions Begin at and End at