DjDavE1295 DjDavE1295

26-04-2018
English

contestada

Which of the following describes the stage in the economic cycle that follows growth?

trough
recovery
peak
recession

Respuesta :

MsEducated MsEducated

07-05-2018

The correct answer is "peak."

The economic cycle is growth (or expansion), followed by a peak. After the peak, recession follows. After recession, there is a recovery period. Then the cycle starts again, and begins with expansion/growth.

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