A trough is ________.
A)a transition from an expansion in the business cycle to the start of a contraction
B)a transition from a contraction in the business cycle to the start of an expansion
C)a depression that lasts more than three years
D)only something used by farmers to feed pigs and not an investment term
E)none of the above

Question

Quizplus · Accepted Answer

A trough is the lowest point in economic activity before it begins to rise again. This means it marks the end of a contraction (or recession) and the start of an expansion (or recovery).

A Trough Is ________