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25 February, 08:28

Which of the following describes the stage in the economic cycle that follows growth?

trough

recovery

peak

recession

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Answers (1)
  1. 25 February, 08:36
    0
    The correct answer is "peak."

    The economic cycle is growth (or expansion), followed by a peak. After the peak, recession follows. After recession, there is a recovery period. Then the cycle starts again, and begins with expansion/growth.
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