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Use the Following to Answer Questions

Question 14

Multiple Choice

Use the following to answer questions.
Exhibit: Real GDP Over Time Use the following to answer questions. Exhibit: Real GDP Over Time -(Exhibit: Real GDP Over Time) . The peak of the business cycle occurs: A) between t<sub>1</sub> and t<sub>3</sub>. B) at t<sub>3</sub>. C) between t<sub>2</sub> and t<sub>3</sub>. D) at t<sub>2</sub>.
-(Exhibit: Real GDP Over Time) . The peak of the business cycle occurs:


A) between t1 and t3.
B) at t3.
C) between t2 and t3.
D) at t2.

Correct Answer:

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