The four parts of the business cycle occur in the following order:
A: recession, trough, peak, expansion.
B: expansion, trough, peak, recession.
C: recession, trough, expansion, peak.
D: expansion, trough, recession, peak.
A: recession, trough, peak, expansion.
B: expansion, trough, peak, recession.
C: recession, trough, expansion, peak.
D: expansion, trough, recession, peak.
举一反三
- ff the economy is just beginning to come out of a recession, which of the following would represent a typical sequence of phases in the business cycle（） A: Expansion, business peak, contraction, recessionary trough. B: Expansion, business peak, recessionary trough, contraction. C: Depression, expansion, business peak, contraction.
- If the economy is just coming out of a recession, which one of the following would represent a typical sequence of phases in the business cycle（） A: Expansion, business peak, contraction, recession. B: Expansion, business peak, recession, contraction. C: Depression, expansion, business peak, contraction.
- The business cycle progresses from an expansion to a peak to a recession and then to a trough.
- A peak is the________ A: lower turning point of a business cycle when an expansion ends. B: lower turning point of a business cycle when a recession ends. C: upper turning point of a business cycle when an expansion ends. D: upper turning point of a business cycle when a recession ends.
- Which peak is the highest? A: The North Peak B: The East Peak C: The West Peak D: The South Peak