Use the following to answer questions:
Figure: The Business Cycle
-(Figure: The Business Cycle) Look at the figure The Business Cycle. The movement from point B to C is called a(n):

Question

Use the following to answer questions:
Figure: The Business Cycle 
-(Figure: The Business Cycle) Look at the figure The Business Cycle. The movement from point B to C is called a(n):

Quizplus · Accepted Answer

The movement from point B to C represents an expansion phase of the business cycle, where economic growth and increased business activity can be observed. Trough (A) represents the lowest point of the cycle, depression (C) represents a prolonged period of economic downturn, and peak (D) represents the highest point in the cycle before a downturn.

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