The business cycle consists of several stages or phases. Which is the accurate sequence?
A) Recession, peak, upturn, trough
B) Recession, peak, trough, upturn
C) Recession, upturn, peak, trough
D) Recession, trough, upturn, peak
Correct Answer:
Verified
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Q60: The business cycle is:
A)the term used to
Q62: Technological change is most likely to affect:
A)structural
Q63: The lowest sustainable rate of unemployment that
Q64: Refer to the graph shown. 
Q65: Another term for what the text calls
Q66: A recession is often considered to be:
A)an
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