Question

In the expansion phase of a business cycle
A) economy moves from peak to trough
B) economy moves from contraction to peak
C) economy moves from trough to peak
D) economy moves from trough to trough

Answer 1

C = economy moves from through to peak

Answer 2

In the expansion phase of a business cycle
A) economy moves from peak to trough
B) economy moves from contraction to peak
C) economy moves from trough to peak✅✅
D) economy moves from trough to trough