Multiple Choice
As Rachel Smith and her friends prepare to graduate from college, they are faced with numerous job offers with starting salaries better than they could have imagined when they began college four years ago. Based on this information, which stage of the business cycle would the economy be in?
A) Depression
B) Peak
C) Recession
D) Trough
E) Recovery
Correct Answer:
Verified
Correct Answer:
Verified
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