Multiple Choice
The following figure shows the business cycle for an economy over time. Refer to the figure to answer the question. It is profitable for a firm to make investments in new products, production facilities, distribution or retail outlets when the economy is at ____.
A. Then investments can be put in place to exploit the economic boom in a more timely fashion.
A) point A
B) point B
C) point C
D) point D
Correct Answer:

Verified
Correct Answer:
Verified
Q20: An injection into the circular flow is
Q21: Which of the following would suggest that
Q22: In the simple circular flow of income
Q23: The total expenditure in an economy is
Q24: A decrease in investment by firms will
Q26: Firms that _ are likely to be
Q27: An increase in aggregate demand will shift
Q28: When the price level increases but national
Q29: The Organisation for Economic Co-operation and Development
Q30: How is macroeconomic equilibrium determined? Explain how