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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

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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4 votes
After an economy has reached its peak, it begins the ______ phase of the business cycle.

a. Trough
b. Contraction
c. Recession
d. Expansion

User Kaur A
by
8.4k points

1 Answer

2 votes

The correct answer is B.) Contraction

User Nwaltham
by
8.4k points
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