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

Question 5

Multiple Choice

Figure 5-1 shows the path of real GDP growth over time. Use the figure to answer questions . Figure 5-1 shows the path of real GDP growth over time. Use the figure to answer questions .   -Refer to Figure 5-1. The peak of the business cycle occurs: A)  between t<sub>1</sub> and t<sub>3</sub>. B)  at t<sub>3</sub>. C)  between t<sub>2</sub> and t<sub>3</sub>. D)  at t<sub>2</sub>.
-Refer to Figure 5-1. The peak of the business cycle occurs:


A) between t1 and t3.
B) at t3.
C) between t2 and t3.
D) at t2.

Correct Answer:

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