The Point on a Business Cycle When Real GDP Stops

question 30

Multiple Choice

The point on a business cycle when real GDP stops rising and begins falling is a(n) :

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

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Definitions:

Current Yield

A financial ratio that calculates the annual interest or dividends received from an investment as a percentage of the current market price.

Coupon

The face value percentage that represents the yearly interest payment on a bond.

Semiannually

Occurring or conducted twice a year; typically refers to payments, reports, or evaluations made every six months.

Quoted

Refers to the latest price at which a stock, commodity, or currency was traded, often seen on exchanges.