(Figure: The Business Cycle) 
Point B on this graph shows a(n) :
A) peak.
B) peak
C) trough.
D) trough
E) expansion
F) expansion.
G) recession.
H) recession
Correct Answer:
Verified
Q139: When an economy is between the peak
Q140: One normally expects that unemployment decreases while
Q141: The _ of a business cycle marks
Q142: Following a _, real GDP _.
A)trough; increases
B)trough;
Q143: The business cycle is:
A)the typical "life course"
Q145: Recessions are periods when _.
A)both output and
Q146: (Figure: The Business Cycle) Q147: (Figure: The Business Cycle) Q148: Expansions are periods when _. Q149: The business cycle refers to the _.
A)both real GDP
A)long-run
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