The period in the business cycle from a peak to a trough is called:
A) a growth period
B) a slowdown, recession or slump
C) a depression
D) an expansion or boom

Name: The period in the business cycle from a peak to a trough is called: A) a growth period B) a slowdown, recession or slump C) a depression D) an expansion or boom
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Question

Quizplus · Accepted Answer

The period from a peak to a trough in the business cycle is known as a slowdown, recession, or slump, indicating a decline in economic activity.

The Period in the Business Cycle from a Peak to a Trough