The period of declining growth in real GDP between the peak of the business cycle and the trough is called a(n):
a. recessionary phase.
b. expansionary.
c. recovery phase.
d. stationary phase.
a
Economics
You might also like to view...
Forces inside a nation that cause people to think about leaving that nation are called what in migration theory?
What will be an ideal response?
Economics
When Ghana sells chocolate to the United States, U.S. net exports
a. increase, and U.S. net capital outflow increases. b. increase, and U.S. net capital outflow decreases. c. decrease, and U.S. net capital outflow increases. d. decrease, and U.S. net capital outflow decreases.
Economics