In a Typical Business Cycle, the Trough Is Immediately Followed

question 110

Multiple Choice

In a typical business cycle, the trough is immediately followed by the:

• A) peak.
• B) recession.
• C) depression.
• D) expansion.

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Definitions:

Electrolyte

Cation or anion in solution that conducts an electric current.

Electricity

A form of energy resulting from the existence of charged particles such as electrons or protons, either statically as an accumulation of charge or dynamically as a current.

Solution

A homogeneous mixture of two or more substances, where one substance (the solute) is dissolved in another (the solvent).

Cation

A positively charged ion, which results from the loss of one or more electrons by an atom.