At a business cycle peak,we usually have ________ real Gross Domestic Product.
A)an all-time high level of
B)an all-time low level of
C)an historically average level of
D)accelerating growth of
E)the maximum growth rate of

Question

Quizplus · Accepted Answer

At a business cycle peak, the economy has reached its highest point of the cycle and, as a result, real Gross Domestic Product (GDP), which measures the total output of goods and services in an economy, is at an all-time high level.

At a Business Cycle Peak,we Usually Have ________ Real Gross