Multiple Choice
The low point of economic activity during a business cycle is called the
A) trough.
B) recession.
C) peak.
D) failure.
Correct Answer:
Verified
Related Questions
Q234: Real GDP decreases during
A) the movement from
Q235: A trough is the
A) lower turning point
Q236: Q237: An expansion occurs when the level of Q238: An economy recovering from a recession
A) moves
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents