The Four Parts of the Business Cycle Occur in the Following

question 70

Multiple Choice

The four parts of the business cycle occur in the following order:

• A)expansion, trough, peak, recession.
• B)trough, peak, expansion, recession.
• C)recession, trough, peak, expansion.
• D)expansion, trough, recession, peak.
• E)recession, trough, expansion, peak.

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Definitions:

Replacement

The act of substituting one thing for another, often to improve or repair.

Cue-dependent

Refers to the phenomenon where recall of information is improved when retrieval conditions are similar to the conditions under which the information was encoded.

Cognitive Development

The process of growth and change in intellectual capabilities that occurs from infancy to adulthood, influencing how individuals perceive and interact with the world.

Childhood Amnesia

The phenomenon where early childhood memories are difficult to recall.