In a business cycle, the period between the low point of economic activity and the following high point is called

In a business cycle, the period between the low point of economic activity and the following high point is called

Naim 07:59

In a business cycle, the period between the low point of economic activity and the following high point is called



A. an expansion
B. stagflation
C. inflation
D. an acceleration



Answer: A


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