In most advanced economies,economic activity is lowest in the:
A) first quarter.
B) second quarter.
C) third quarter.
D) fourth quarter.

Question

Quizplus · Accepted Answer

The first quarter of the calendar year, from January to March, is typically the lowest period for economic activity in most advanced economies. This is because of factors such as the end of holiday shopping seasons, harsh weather conditions, and decreased consumer spending after holiday expenses. The second and third quarters are usually higher in economic activity, while the fourth quarter sees a boost in activity due to the holiday shopping season.

In Most Advanced Economies,economic Activity Is Lowest in The