which stage of the business cycle is an economy in when it reaches its low point?\nexpansion\npeak\ncontracti…
which stage of the business cycle is an economy in when it reaches its low point?\nexpansion\npeak\ncontraction\ntrough
Answer
Brief Explanations:
The business cycle has stages. The trough is the low - point stage where economic activity bottoms out before starting to recover. Expansion is growth, peak is the high - point, and contraction is decline.
Answer:
D. Trough