What stage of the business cycle immediately follows the trough?

a. Recession
b. Peak
c. Depression
d. Recovery

d

Economics

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Actions by the Second Bank of the United States:

a. reduced the discount rate on state bank notes. b. increased the discount rate on state bank notes. c. created inflation. d. effectively ended the use of state bank notes.

Economics

The market system is an economic system that:

A. Produces more consumer goods than capital goods B. Produces more capital goods than consumer goods C. Gives private individuals the right to own resources used in production D. Emphasizes the government's power to control markets and direct economic activity

Economics