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After an economy has reached its peak, it begins the ______ phase of the business cycle. a. Trough b. Contraction c. Recession d. Expansion
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After an economy has reached its peak, it begins the ______ phase of the business cycle. a. Trough b. Contraction c. Recession d. Expansion
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May 7, 2016
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After an economy has reached its peak, it begins the ______ phase of the business cycle.
a. Trough
b. Contraction
c. Recession
d. Expansion
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The correct answer is B.) Contraction
Nwaltham
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May 11, 2016
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Nwaltham
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