business cycle?

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter12: Business Cycles And Unemployment
Section: Chapter Questions
Problem 2SQP
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  1. What are the names of the following events in a business cycle?

 

a) the high point of economic activity

 

 

 

b) the low point of economic activity

 

 

 c) the period between the high point of economic activity and the following low point.

 

 

 

d) The period between the low point of economic activity and the following high point.

 

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