The phases of a business cycle in order include

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The phases of a business cycle in order include

The phases of a business cycle in order include

• Peak, recession, trough and expansion.

• Peak, recession, expansion and trough.

• Peak, expansion, recession and trough.

• None of the above.

Textbook

Introduction to Agricultural Economics

Edition: 7^th

Authors: Penson, Rosson, Woodward

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