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Nica Nica
wrote...
Posts: 520
5 years ago

Question 1.

A prolonged and deep recession is called



▸ a business cycle.

▸ a depression.

▸ a stagflation.

▸ hyperinflation.

Question 2.

Between a trough and a peak, the economy goes through a(n)



▸ recession.

▸ bust.

▸ expansion.

▸ hyperinflation.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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1 Reply
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Answer verified by a subject expert
jenniferagrethejenniferagrethe
wrote...
Posts: 369
5 years ago
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Nica Author
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5 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Thanks
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