The trough of the business cycle:

Question

Quizplus · Accepted Answer

The trough of the business cycle is the lowest point in the economic cycle, where the economy has bottomed out and is starting to recover. This is where a recession ends and an expansion begins. Choice A is incorrect because the expansion phase comes right before the peak of the business cycle. Choice B is incorrect because the recession phase comes after the peak of the business cycle. Choice C is incorrect because the actual rate of unemployment in the economy is unlikely to be zero at any point in the business cycle.

The Trough of the Business Cycle