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At which point in a business cycle would you prefer to be the peak or the trough?
Wiki User
∙ 12y ago
ATV the peak because the employment situation is better then at the trough
Wiki User
∙ 12y ago
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Which point in the business cycle occurs when economic activity goes to positive to negative and and expansion turns into a recession?
Trough A+
True or false a expansion of the economy always follows a peak or boom?
The simple answer to this questions is False. In economics you learn the ideal of a business cycle, which is the layout for economic cycles. The cycle represents a wave in a visual representation. A peak or boom is the point at which the GDP is maximized; this is then followed by a recession where the GDP is in decline. To follow the recession you have a trough cycle, which is the point where GDP is minimized. To follow the trough you have a recovery cycle where the GDP is in incline to the point of the peak or boom. So to answer the question in an economic business cycle term an expansion follows a trough in the economy and actually leads to a peak or boom.
Which point in the business cycle occurs when economic activity goes from a positive to negative and an expansion turns into a recession?
Trough A+
By what economic activity is the normal business cycle punctuated?
From its highest point, prosperity, to its lowest point, trough, these phases are marked by increases and decreases in GDP, unemployment, demand for goods and services, and spending.
What is the lowest point of a business cycle?
Djgg
What is a trough period of business cycle?
The lowest point in a business cycle, the point at which the economy begins to rebound.
Which point in the business cycle occurs when economic activity goes to positive to negative and and expansion turns into a recession?
Trough A+
True or false a expansion of the economy always follows a peak or boom?
The simple answer to this questions is False. In economics you learn the ideal of a business cycle, which is the layout for economic cycles. The cycle represents a wave in a visual representation. A peak or boom is the point at which the GDP is maximized; this is then followed by a recession where the GDP is in decline. To follow the recession you have a trough cycle, which is the point where GDP is minimized. To follow the trough you have a recovery cycle where the GDP is in incline to the point of the peak or boom. So to answer the question in an economic business cycle term an expansion follows a trough in the economy and actually leads to a peak or boom.
Which point in the business cycle occurs when economic activity goes from a positive to negative and an expansion turns into a recession?
Trough A+
By what economic activity is the normal business cycle punctuated?
From its highest point, prosperity, to its lowest point, trough, these phases are marked by increases and decreases in GDP, unemployment, demand for goods and services, and spending.
What is the difference between a crest and a trough?
If you are referring to a sine wave, a crest is the point on a wave with the maximum value or upward displacement within a cycle. A trough is the opposite of a crest, so it is the minimum or lowest point in a cycle. See Photo: http://en.wikipedia.org/wiki/File:Crest_trough.svg
What is the lowest point of a business cycle?
Djgg
What is the name of the low point of a wave?
troughits called a trough
What is the lowest point of a wave called?
The lowest point of a wave is called a trough.
What is a trough in waves?
It is the Lowest point in a wave the upper point is the crest the bottom point is the trough H
What is mean by peak in the business cycle?
Is a temporary maximum point.
Which point in the business cycle has the greatest economic activity?
Peak a+
