A(n)________ comes to an end with a business cycle ________.
A)recession; peak
B)recession; trough
C)expansion; trough
D)expansion; phase

Question

Quizplus · Accepted Answer

A recession is a period of declining economic activity, and it comes to an end with a trough or the lowest point in the economic cycle. Therefore, option A (recession; peak) is incorrect as peak refers to the highest point in the economic cycle. Option C (expansion; trough) is also incorrect as expansion refers to a period of increasing economic activity, so it cannot end with a trough. Option D (expansion; phase) is incorrect as phase is a general term and does not specify an end or beginning point of the economic cycle.

A(n)________ Comes to an End with a Business Cycle ________

A(n) Comes to an End with a Business Cycle