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(Table Macroeconomic Data for Econoland) Look at the Table

Question 233

Multiple Choice

(Table Macroeconomic Data for Econoland) Look at the table. What stage of the business cycle would the NBER declare Econoland to be in during the fourth quarter of 2014? (Table Macroeconomic Data for Econoland) Look at the table. What stage of the business cycle would the NBER declare Econoland to be in during the fourth quarter of 2014? A) recession B) trough C) expansion D) peak


A) recession
B) trough
C) expansion
D) peak

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