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michlee michlee
wrote...
Posts: 461
4 years ago

Question 1.

In a business cycle, a peak represents the end of ________ and a trough represents the end of ________.



▸ an expansion; a recession

▸ a depression; an expansion

▸ a trough; a peak

▸ a recession; an expansion

Question 2.

In a business cycle, a peak represents the end of



▸ an expansion.

▸ a depression.

▸ a trough.

▸ a recession.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 36 times
1 Reply
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Answer verified by a subject expert
blazeypoohblazeypooh
wrote...
Posts: 404
4 years ago
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