When a recession ends, the turning point that immediately follows is called a

Name: When a recession ends, the turning point that immediately follows is called a
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Question

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The turning point that immediately follows a recession is called a trough, which is the lowest point of the business cycle before the economy starts expanding again. A peak is the highest point of the business cycle before a recession starts, and a depression is a severe and prolonged recession. Therefore, the correct answer is C, trough.

When a Recession Ends, the Turning Point That Immediately Follows