Answered: a business cycle, a trough is…

a business cycle, a trough is immediately followed by a(n): Group of answer choices peak. recession. depression. expansion.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

a business cycle, a trough is immediately followed by a(n): Group of answer choices

peak.

recession.

depression.

expansion.

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