An economy will usually go into a _________ after a peak.
A) Convolution
B) Expansion
C) Contraction
D) Recession
E) Depression

Name: An economy will usually go into a _________ after a peak. A) Convolution B) Expansion C) Contraction D) Recession E) Depression
Brand: Quizplus
Rating: 4.8 (31 reviews)

Question

Quizplus · Accepted Answer

An economy will usually go into a contraction after a peak. A contraction is a period of economic decline, characterized by falling output, employment, and spending.

An Economy Will Usually Go into a _________ After a Peak