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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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Feb 22, 2017
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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
Business
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Naveed Aheer
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Naveed Aheer
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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.
Parisa Baastani
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Mar 1, 2017
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Parisa Baastani
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