15
QuizMultiple Choice

Macroeconomics — Test

Question 15 • CMS 2026-2027 Economics and Personal Finance INITIAL CREDIT

Which stage of the business cycle is an economy in when it reaches its low point?

Answer
A
Contraction
B
Trough
C
Peak
D
Expansion

Explanation

The low point of the business cycle is called a trough. It marks the end of a contraction, after which the economy may begin expanding again. Therefore, the correct choice is Trough.

AI-written and checked against the verified answer.

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