The trough of a business cycle occurs when ________ hits its lowest point.
A)inflation
B)the money supply
C)aggregate economic activity
D)the unemployment rate

Question

Quizplus · Accepted Answer

The trough of a business cycle is the low point of the cycle, where aggregate economic activity reaches its lowest level. Inflation and the money supply can be affected by the business cycle, but they are not the primary measures used to identify the trough. The unemployment rate is also a useful measure, but not the only one, as the trough represents the low point of overall economic activity rather than just one specific aspect.

The Trough of a Business Cycle Occurs When ________ Hits