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Refer to the Diagram Above

Question 86

Multiple Choice

Refer to the diagram above. The phases of the business cycle from points A to D are, respectively: A) Peak, recession, expansion, trough B) Trough, recovery, expansion, peak C) Expansion, recession, trough, peak D) Peak, recession, trough, expansion Refer to the diagram above. The phases of the business cycle from points A to D are, respectively:


A) Peak, recession, expansion, trough
B) Trough, recovery, expansion, peak
C) Expansion, recession, trough, peak
D) Peak, recession, trough, expansion

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