Question

3. Considering the flow of the business cycle, would you want your economy at the trough or peak? Explain in 2-3 sentences.

Answer 1

From a macroeconomic perspective, an economy at the peak of the business cycle is generally preferable to an economy at the trough. At the peak, economic growth is strong, unemployment is low, and consumer confidence is high. This can lead to increased investment, higher wages, and greater economic stability. Conversely, an economy at the trough is characterized by low growth, high unemployment, and decreased investment, which can lead to economic instability and hardship for workers and businesses.

Answer 2

the trough, because if it's at the trough it has a bigger chance to rise and if it's at the peak, that's the highest it would go and after the peak it begins to decrease.

I could only find one example!

you don't need to give me points by the way and I hope one example will help you

Step-by-step explanation: