A peak 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 a feature of geography and not an investment term
E)none of the above

Question

Quizplus · Accepted Answer

A peak is the highest point of economic expansion in the business cycle, after which the economy begins to contract.

A Peak Is ________