Figure 5-1 shows the path of real GDP growth over time. Use the figure to answer questions .
-Refer to Figure 5-1. The trough of the business cycle occurs:

Question

Figure 5-1 shows the path of real GDP growth over time. Use the figure to answer questions . 
-Refer to Figure 5-1. The trough of the business cycle occurs:

Quizplus · Accepted Answer

The trough of the business cycle is the lowest point of the cycle, indicating the end of the contraction phase and the beginning of the expansion phase. Looking at the figure, we can see that the lowest point is at t₂, making choice D the correct answer.

Figure 5-1 Shows the Path of Real GDP Growth Over