The period of the business cycle which follows the trough is the
A)recession.
B)expansion.
C)peak.
D)All of the above may follow the trough.

Question

Quizplus · Accepted Answer

The period following the trough in the business cycle is the expansion phase, where economic activity begins to pick up and there is growth in output, employment, and income. A recession typically precedes the trough, and a peak would follow the expansion phase. Therefore, option B is the correct choice.

The Period of the Business Cycle Which Follows the Trough