The Business Cycle Consists of Four Phases

question 145

Multiple Choice

The business cycle consists of four phases. At the top we have:

• A)recovery, followed by peak, and then recession followed by a recession.
• B)recovery, followed by a recession, and then peak followed by recession.
• C)peak, then an upturn followed by a recession, and then recession.
• D)peak, then a recession followed by recovery, and then recession.
• E)peak, then a recession followed by recession, and finally, recovery.

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Definitions:

Glioma

A type of tumor that occurs in the brain and spinal cord, originating from the glial cells that support nerve cells.

-oid

A suffix used in English to denote similarity to something else, indicating an object's resemblance in form or structure to another.

Caution

A warning or advice to prevent risk or danger.

Sigmoidoscopy

A medical examination of the lower part of the large intestine using a flexible tube called a sigmoidoscope.