During the ______ stage of a business cycle, real GDP increases, industrial output expands, profits usually increase, and employment moves toward full employment.
A) peak
B) recovery
C) recession
D) trough

Question

Quizplus · Accepted Answer

During the recovery stage of a business cycle, the economy rebounds from the bottom, leading to increases in real GDP, industrial output, profits, and employment levels moving toward full employment.

During the ______ Stage of a Business Cycle, Real GDP