Which of the Following Phases of a Business Cycle Are

question 33

Multiple Choice

Which of the following phases of a business cycle are marked by an underuse of resources? 1. The trough. 2. The peak. 3. The recovery. 4. The recession.

• A) 1 and 3 only
• B) 1 and 4 only
• C) 2 and 3 only
• D) 2 and 4 only

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Definitions:

Sports Fans

Individuals who exhibit enthusiasm and devotion towards a particular sport, team, or athlete.

College Students

Individuals enrolled in an institution of higher learning with the aim of achieving a degree, diploma, or certification.

Sports Fans

Individuals who exhibit enthusiasm and support for a particular sport or sports team, often participating in related events and activities.

College Students

Individuals enrolled in an institution of higher education with the purpose of attaining a diploma or degree.