Economists Have Identified Several Consecutive Months of Falling Employment, and Forecasts

question 144

Multiple Choice

Economists have identified several consecutive months of falling employment, and forecasts for the next few months suggest more of the same. The economy is at the _____ stage of the business cycle.

• A)recession
• B)expansion
• C)peak
• D)trough

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Definitions:

Prospective Buyers

Individuals or entities showing interest in purchasing a product or service, potentially becoming customers.

Product Feature

A characteristic or attribute of a product that is intended to offer value or solve a specific problem for the consumer.

Performance Characteristic

Features or aspects of a product or service that determine its ability to meet its intended function or user requirements.

Product

An item or service that is created, manufactured, or refined for sale.