Multiple Choice
When a recession ends, the turning point that immediately follows is called a
A) trough.
B) peak.
C) depression.
D) None of the above answers is correct.
Correct Answer:
Verified
Related Questions
Q222: By common definition, a recession occurs when
A)
Q223: Recessions are commonly defined to occur
A) whenever
Q224: An expansion
A) follows a peak.
B) is defined
Q225: Q226: An expansion ends when the economy Q228: The times during which real GDP increases Q229: An economic expansion rather than a recession Q230: A recession is commonly defined as occurring
A) hits
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