point in time when real GDP stops expanding and begins to decline
Economic activity is rising above the point of the previous peak.
prosperity
Peak performance.
Peak a+
Trough A+
Michael K. Berkowitz has written: 'A note on production inefficiency in the peak-load pricing model' -- subject(s): Economic aspects, Economic aspects of Peak load, Electric utilities, Labor productivity, Mathematical models, Mathemicatical models, Peak load, Rates 'Production inefficiency in the peak-load pricing model' -- subject(s): Economic aspects, Economic aspects of Peak load, Electric utilities, Mathematical models, Peak load, Rates 'Power grid economics in a peak load pricing framework' -- subject(s): Economic aspects, Economic aspects of Peak load, Electric utilities, Mathematical models, Peak load, Rates
Economic activity is rising above the point of the previous peak.
prosperity
Peak performance.
Peak
Peak a+
This is an economic peak.
peak
Trough A+
It was in the 1930 during which there was a severe world wide economic depression.
Peak, pinnacle, apex. You choose.Technically speaking in economics: the highest point between the end of an economic expansion and the start of a contraction in a business cycle is called the Peak. The peak of the cycle refers to the last month before several key economic indicators, such as employment and new housing starts, being to fall. It is a at this point that real GDP spending in an economy is its highest level.
Peak (nomad)