The Two Key Phases of a Business Cycle Are

question 51

Multiple Choice

The two key phases of a business cycle are:

• A)stagflation and hyperinflation.
• B)depression and contraction.
• C)contraction and expansion.
• D)recession and deflation.

---

Definitions:

Exposure

The state of being subject to the possibility of being attacked or harmed, either physically or emotionally, or in the context of marketing, the degree to which a target audience sees a promotional message.

Immediate Consequences

The direct and prompt outcomes or effects following an action or decision.

Loss Of Resources

The depletion or diminishing of assets, values, or capabilities, whether tangible or intangible, that were previously available.

Reflective Analysis

An introspective examination of one's own thoughts, feelings, and actions, often to improve understanding or performance.