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The point of a fluctuation at which an economy turns from a recession to an expansion is called a ________.

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The answer is trough. In economics, it is a low decision point or a local minimum of a business cycle. The time fruition of many variables of economics display a wave like performance with local maxima or also known as peaks subsequent to local minima or troughs. A business cycle may be demarcated as the period between two successive peaks.
User Irinel Iovan
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