The period in the business cycle from a ________ to a ________ is called a recession.
A) peak; trough
B) trough; peak
C) peak; new peak
D) trough; new trough

Name: The period in the business cycle from a ________ to a ________ is called a recession. A) peak; trough B) trough; peak C) peak; new peak D) trough; new trough
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Question

Quizplus · Accepted Answer

A recession is defined as the period in the business cycle from a peak of economic activity to its subsequent trough, or lowest point.

The Period in the Business Cycle from a ________ to a ________

The Period in the Business Cycle from a to a