A peak is
A) a transition from an expansion in the business cycle to the start of a contraction.
B) a transition from a contraction in the business cycle to the start of an expansion.
C) a depression that lasts more than three years.
D) only a feature of geography and not an investment term.
E) None of the options are correct.

Question

Quizplus · Accepted Answer

A peak in the context of the business cycle represents the point at which an expansion transitions into a contraction. This is the highest point of economic activity before it begins to decrease.

A Peak Is