Question

which of the following is a characteristic of prosperity in the peak phase of the business cycle?
stagnant prices
high levels of production
ambivalence about the economy
reduced incomes

Explanation:

In the peak phase of the business cycle, economic activity is high. High - levels of production are a sign of prosperity during this phase. Stagnant prices don't indicate prosperity, ambivalence about the economy is not a positive sign of prosperity, and reduced incomes are contrary to prosperity.

Answer:

high levels of production