explaing Turning point
business cycle
Answers
Answered by
0
Explanation:
Peak: The upper turning point of a business cycle and the point at which expansion turns into contraction. ... Trough: The lowest turning point of a business cycle in which a contraction turns into an expansion. This turning point is also called Recovery.Jul 12, 2019
Answered by
2
Peak: The upper turning point of a business cycle and the point at which expansion turns into contraction
Trough: The lowest turning point of a business cycle in which a contraction turns into an expansion. This turning point is also called Recovery.
Similar questions