1
QuizMultiple Choice

The Business Cycle

Question 1 • 2102320-Economics HONORS - Edgenuity Teacher

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

Answer
A
Expansion
B
Peak
C
Contraction
D
Trough

Explanation

The low point of the business cycle is called the trough. It marks the end of a contraction, before economic activity begins to expand again. Therefore, the correct choice is Trough.

AI-written and checked against the verified answer.

Next