Multiple Choice
Related to the Economics in Practice on p. 418: John Steinbeck's The Grapes of Wrath is set in the early 1930s. During this time, the U.S. economy was primarily in the ________ phase of the business cycle, culminating in the Great Depression.
A) peak
B) recession
C) trough
D) expansion
Correct Answer:
Verified
Correct Answer:
Verified
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