Author Question: The part of a business cycle that follows a peak is the: a. trough phase of the cycle. b. ... (Read 145 times)

dollx

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The part of a business cycle that follows a peak is the:
 a. trough phase of the cycle.
  b. break-even point of the cycle.
  c. peak period of the cycle.
  d. recessionary phase of the cycle.
  e. expansionary phase of the cycle.

Question 2

In the business cycle, a trough marks the end of a(n) _____ and the beginning of a new _____.
 a. contraction; expansion
  b. peak; expansion
  c. expansion; contraction
  d. peak; contraction
  e. expansion; peak



swimkari

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Answer to Question 1

d

Answer to Question 2

a



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