At the peak of a business cycle,employment and GDP are
A) at their lowest
B) at their highest
C) rising
D) falling
E) it is impossible to state for certain what is happening to employment and GDP

Question

Quizplus · Accepted Answer

At the peak of a business cycle, employment and GDP are at their highest. This is the point where the economy has reached its maximum output with low rates of unemployment.

At the Peak of a Business Cycle,employment and GDP Are