MCQOPTIONS
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MCQOPTIONS
| 1. |
A trough in the business cycle occurs when |
| A. | economy is transitioning from a period of decline to a period of expansion |
| B. | economy is transitioning from a period of expansion to a period of contraction |
| C. | economy is transitioning from a period of expansion to a period of decline |
| D. | None of the above |
| Answer» B. economy is transitioning from a period of expansion to a period of contraction | |