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Which of the following describes the stage in the economic cycle that follows growth? trough recovery peak recession
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Jan 13, 2019
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Which of the following describes the stage in the economic cycle that follows growth?
trough
recovery
peak
recession
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George Wood
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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.
HarryQ
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Jan 20, 2019
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