Asked by Hunter Stankiewicz on Jun 29, 2024
Verified
After a business cycle trough a recovery follows
A) all of the time.
B) most of the time.
C) some of the time.
D) none of the time.
Business Cycle Trough
The phase in the business cycle where economic activity is at its lowest point, preceding a recovery or expansion period.
- Identify the phases of the business cycle, including peak, trough, recovery, and recession.
Verified Answer
ZK
Zybrea KnightJul 05, 2024
Final Answer :
A
Explanation :
A recovery following a business cycle trough is a typical characteristic of the economic cycle. While there may be some exceptions, such as prolonged recessions or depressions, generally recoveries do follow troughs. Therefore, "all of the time" is the most accurate answer.
Learning Objectives
- Identify the phases of the business cycle, including peak, trough, recovery, and recession.