The period in the business cycle from a trough to a peak is:
A) a slowdown
B) an expansion or boom
C) a recession
D) a contraction or recession

Name: The period in the business cycle from a trough to a peak is: A) a slowdown B) an expansion or boom C) a recession D) a contraction or recession
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Question

Quizplus · Accepted Answer

The period from a trough to a peak in the business cycle is known as an expansion or boom, where economic activity and growth increase.

The Period in the Business Cycle from a Trough to a Peak