In a business cycle, the _____ is the transition period between contraction and expansion.
A) recession
B) recovery
C) disinflation
D) deflation

Name: In a business cycle, the _____ is the transition period between contraction and expansion. A) recession B) recovery C) disinflation D) deflation
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Question

Quizplus · Accepted Answer

The recovery phase is the transition period between contraction and expansion in a business cycle, where economic activity begins to increase after a period of decline.

In a Business Cycle, the _____ Is the Transition Period