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  3. Study Set
    Economics Today Study Set 1
  4. Exam
    Exam 7: The Macroeconomy: Unemployment, Inflation, and Deflation
  5. Question
    A Business Fluctuation When the Pace of Business Activity Is
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A Business Fluctuation When the Pace of Business Activity Is

Question 57

Question 57

Multiple Choice

A business fluctuation when the pace of business activity is speeding up is known as


A) a contraction.
B) a trough.
C) an expansion.
D) a recession.

Correct Answer:

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