Question

What is second phase of business cycle?
Answer:
Answer 3: Recovery
O Recession
O Decline
O Prosperity​

Answer 1

Answer:

The economy then reaches a saturation point, or peak, which is the second stage of the business cycle. The maximum limit of growth is attained. The economic indicators do not grow further and are at their highest.

Answer 2

Answer:

Recession is the correct answer ☺️