-In the above figure, a recession begins at point ________ and an expansion begins at point ________.
A) a; b
B) b; c
C) b; a
D) d; c

Name: -In the above figure, a recession begins at point ________ and an expansion begins at point ________. A) a; b B) b; c C) b; a D) d; c
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Question

-In the above figure, a recession begins at point ________ and an expansion begins at point ________.
A) a; b 
B) b; c 
C) b; a 
D) d; c

Quizplus · Accepted Answer

A recession begins at point a because the real GDP is decreasing at that point. An expansion begins at point b because the real GDP is increasing at that point.

-In the Above Figure, a Recession Begins at Point ________