9:17 In the business cycle, a trough marks the end of aln) and the beginning of
ID: 1125646 • Letter: 9
Question
9:17 In the business cycle, a trough marks the end of aln) and the beginning of a new 32. Economists call a severe prolonged cconomic recession a d trond 33. The part of a business cycle that follows a trough is the b breakeven peint of the cycle c peak poriod of the cycle 4. The period between a peak and a trough is known as a(n) a boom 3. The four phases of a business cycle, in order, are 36 The most recent recession began inand ended in aly 199, March 199 b July 1980Noveber 2001 0November 2001 d Docember 200 Junc 2009 e. December 2007. present 4weare nit yaMeftheroosmry ,lee 37. The three types of indicators classified by the Department of Commerce are 38. If stock (market) prices are a leading indicator, then economic activity goes up dock pric ock pricesExplanation / Answer
31. In the business cycle , a trough marks the end of a contraction and the beginning of a new expansion.
32. Economists call a severe prolonged economic recession a depression.
33. The part of a business cycle that follows a rough is the peak period of the cycle.
34. The period between a peak and a trough is known as recovery.
35. The four phases of business cycle are : peak, expansion, trough recesssion.
36. The most recent recession began in December 2007, and ended in June 2009.
37. The three types of indicators classified by the department of commerce are leading, coincident and lagging indicators.
38. If stock (market) prices are a leading indicator , then economic activity goes up after stock prices increases.
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