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What term references a period of economic growth as measured by a rise in the real GDP? a. trough b. recession c. expansion d. depression
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2 votes
What term references a period of economic growth as measured by a rise in the real GDP?

a. trough
b. recession
c. expansion
d. depression

User Naveed Aheer
by
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1 Answer

4 votes
I would guess C. expansion

Both B and D are both negative that describe economic declines and a trough is a turning point in a business cycle. So, by the process of elimination, I would choose C.
User Parisa Baastani
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