The Prosperity Phase of the Business Cycle Is _____ Followed

question 195

Multiple Choice

The prosperity phase of the business cycle is _____ followed by the recession phase.

• A)always
• B)usually
• C)sometimes
• D)never

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Definitions:

Semi-Annually

Occurring or done twice a year, typically every six months.

Face Value

The nominal or dollar value stated on a security or financial instrument, such as a bond or stock, representing its worth at issuance or par value.

Interest Rate Risk

The risk of investment value changes due to variations in the level of interest rates.

Zero-Coupon

A bond that does not pay periodic interest and is issued at a substantial discount from its face value.