The phase of the business cycle that follows a recession is known as the:

a. peak.
b. recession.
c. recovery.
d. trough.

d

Economics

You might also like to view...

Why are high domestic savings rates important?

What will be an ideal response?

Economics

A traffic light at an intersection is

a. rival and excludable in consumption. b. not rival but excludable in consumption. c. rival but not excludable in consumption. d. not rival and not excludable in consumption.

Economics