Question

2) The recession phase of trade cycle
begins at
D Peak
16) Trough
3) Midpoint of expansion
4) None of above​

Answer 1

Peak .....
recession always starts from peak

Answer 2

There are 4 important stages of the Trade cycle

Explanation:

As 4 important stages of theTrade Cycle to complete the Trade cycle.

(i) Recovery

(ii) Boom

(iii) Recession

(iv) Depression

• The trade cycle is known as the cyclical fluctuations of an economy.
• The upward mobility of a trade cycle is divided into two more stages known as recovery and boom.
• And the downward mobility of a trade cycle is also divided into two stages as recession and depression.
• The recession phase of the trade cycle is none of the above options.