In the Business Cycle,what Is the Difference Between the Recovery

question 114

Multiple Choice

In the business cycle,what is the difference between the recovery phase and the expansion phase?

• A) The expansion phase occurs in the rising portion of the business cycle,while the recovery phase occurs in the falling portion of the business cycle.
• B) The expansion phase occurs in the falling portion of the business cycle,while the recovery phase occurs in the rising portion of the business cycle.
• C) The expansion phase is the period when Real GDP increases beyond the recovery phase.
• D) The expansion phase must always come before the recovery phase.

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