Between a peak and a trough, the economy goes through a(n)
A) expansion.
B) inflation.
C) recession.
D) boom.

Name: Between a peak and a trough, the economy goes through a(n) A) expansion. B) inflation. C) recession. D) boom.
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Question

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A peak marks the high point of an economic cycle, while a trough marks the low point. Between the two, the economy goes through a contraction or recession, which is characterized by a decline in economic activity.

Between a Peak and a Trough, the Economy Goes Through