Answered

Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Join our Q&A platform and get accurate answers to all your questions from professionals across multiple disciplines. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

Question 1 of 10
In a business cycle, a contraction occurs when:
OA. a period of economic growth reaches its highest point.
B. the economy begins to show growth in key economic indicat
OC. a period of economic decline reaches its lowest point.
D. the economy slows down following a period of growthm

Sagot :

marvineetesh3

In a business cycle, a contraction take place when there is the economic downturn after the construction of economic growth. Option D is correct.

What is contraction in business cycle?

Contraction is defined a diminishing in whole of the economy in the business cycle, it is the 3rd phrase of the business cycle. A contraction happens when the business cycle attains its peak, but before it reaches its trough.

Therefore, option D is correct.

Learn more about the business cycle, refer to:

https://brainly.com/question/13535979

#SPJ1

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.