ECO 561 Week 4 Quiz Business cycles occur when output: fluctuates around its growth trend ] Which of these statements best describes a complete individual business cycle?: Movement from peak to trou

ECO 561 Week 4 Quiz Business cycles occur when output: fluctuates around its growth trend ] Which of these statements best describes a complete individual business cycle?: Movement from peak to trou

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ECO 561 Week 4 Quiz

Business cycles occur when output: fluctuates around its growth trend ]

Which of these statements best describes a complete individual business cycle?: Movement from peak to trough to peak ]

During the business cycle, the period between the point at which output reaches a high and the point at which it reaches a low is called: a recession [