Multiple Choice
The low point in the business cycle is referred to as the
A) contraction.
B) recession.
C) trough.
D) depression.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q18: When aggregate economic activity is increasing,the economy
Q36: Describe briefly what are the major differences
Q37: Which of the following variables is procyclical?<br>A)unemployment<br>B)nominal
Q38: Which of the following sectors respond strongly
Q39: How has the severity and duration of
Q41: You want to invest in a firm
Q43: List five macroeconomic variables which are procyclical
Q44: Explain the index of leading indicators,its applications,and
Q46: What are some of the problems with
Q85: Turning points in business cycles occur when<br>A)a