Figure 5-1 Shows the Path of Real GDP Growth Over

question 110

Multiple Choice

Figure 5-1 shows the path of real GDP growth over time. Use the figure to answer questions .
-Refer to Figure 5-1. The trough of the business cycle occurs:

• A) between t₁ and t₂.
• B) at t₁.
• C) between t₂ and t₃.
• D) at t₂.

---

Definitions:

Unqualified U.S.-Origin Claim

A claim that suggests a product is entirely made in the U.S. without any conditions or exceptions, implying complete domestic production.

Misleading Advertising

Misleading advertising refers to marketing material that deceives or is likely to deceive, and can significantly alter a consumer's economic behavior.

Class Action

A class action is a lawsuit filed by one or more plaintiffs on behalf of a larger group of people who are similarly affected, to address issues common to the entire class.

Physical Presence

The actual, bodily existence of a person or entity in a specific location at a given time.