-Refer to the above figure. The points between B and C are known as
A) a peak.
B) a trough.
C) an expansion.
D) a contraction.

Name: -Refer to the above figure. The points between B and C are known as A) a peak. B) a trough. C) an expansion. D) a contraction.
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Question

-Refer to the above figure. The points between B and C are known as
A) a peak. 
B) a trough. 
C) an expansion. 
D) a contraction.

Quizplus · Accepted Answer

The points between B and C represent a period of economic growth, where the economy is expanding, hence the term "an expansion."

-Refer to the Above Figure