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In the Accompanying Diagram, the Phases of the Business Cycle

Question 77

Multiple Choice

In the accompanying diagram, the phases of the business cycle from points A to D are A) peak, recession, expansion, trough, respectively. B) trough, recovery, expansion, peak, respectively. C) expansion, recession, trough, peak, respectively. D) peak, recession, trough, expansion, respectively. In the accompanying diagram, the phases of the business cycle from points A to D are


A) peak, recession, expansion, trough, respectively.
B) trough, recovery, expansion, peak, respectively.
C) expansion, recession, trough, peak, respectively.
D) peak, recession, trough, expansion, respectively.

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