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Author Question: The phase of the business cycle that follows a recession is known as the: a. peak. b. recession. ... (Read 37 times)

HCHenry

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The phase of the business cycle that follows a recession is known as the:
 a. peak.
  b. recession.
  c. recovery.
  d. trough.

Question 2

The demand for money that households keep for emergency purposes is known as the:
 a. precautionary demand.
  b. emergency demand.
  c. speculative demand.
  d. transactions demand.
  e. temporary demand.



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emily12345

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Answer to Question 1

d

Answer to Question 2

a




HCHenry

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


AmberC1996

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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