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

Hi there dear user ^_^

《 ANSWER 》

Option C. economy moves from trough to peak ✔✔

As expansion is the phase of the business cycle when the economy moves from the trough to a peak. It is a period when the level of business activity surges and GDP expands till it reaches a peak, and that period of expansion is also called as economic recovery.

Hope it helps you out ^_^

Answer 2

Heya mate
The answer of ur question is

♢ In the expansion phase of a business cycle economy moves from the trough to the peak



hope it helps