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.
A: Expansion, business peak, contraction, recessionary trough.
B: Expansion, business peak, recessionary trough, contraction.
C: Depression, expansion, business peak, contraction.
举一反三
- 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 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.
- 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.
- Because the circulating water is in a closed loop,_______is installed to cater for expansion and contraction of the water at different conditions of operation. A.an expansion joint B.a drain tank C.a head tank D.a contraction tank