MCQOPTIONS
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| 1. |
A peak is ________. |
| A. | a transition from an expansion in the business cycle to the start of a contraction |
| B. | a transition from a contraction in the business cycle to the start of an expansion |
| C. | a depression that lasts more than three years. |
| D. | only something used by farmers to feed pigs and not an investment term |
| Answer» B. a transition from a contraction in the business cycle to the start of an expansion | |