What are the names of the following events in a business cycle?
a. the high point of economic...
Business, 30.09.2019 20:00 supergraciepie
What are the names of the following events in a business cycle?
a. the high point of economic activity is called a. a peak. b. a trough. c. a high. d. a zenith.
b. the low point of economic activity is called a. a bottom. b. a low. c. a trough. d. a peak.
c. the period between the high point of economic activity and the following low point is called a. stagflation. b. inflation. c. an expansion. d. a recession.
d. the period between the low point of economic activity and the following high point is called a. an expansion. b. stagflation. c. an acceleration. d. inflation.
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