Multiple Choice
The period between a business cycle peak and a business cycle trough is called
A) expansion.
B) recession.
C) diffusion.
D) recalculation.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q47: An increase in public saving has what
Q48: Economist Robert Fogel has estimated that by
Q49: Which of the following explains why employment
Q50: Using equations for public and private saving,show
Q51: Which of the following describes the growth
Q53: Labor productivity is<br>A)the quantity of output produced
Q54: As the economy nears the end of
Q55: Retained earnings are always sufficient to finance
Q56: Economists have not found a way to
Q57: Potential GDP is defined as<br>A)the maximum of