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point in time when real GDP stops expanding and begins to decline

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What has the author Michael K Berkowitz written?

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


Which of these describes the economic recovery period in the business cycle?

Economic activity is rising above the point of the previous peak.


What is the peak of economic activity called?

prosperity


What conditions exist when economic profits are maximized?

Peak performance.


Which term describes the highest point in an economic expansion?

Peak


Which point in the business cycle has the greatest economic activity?

Peak a+


What is the point where the overall economic conditions are all operating at almost 100 percent of employment?

This is an economic peak.


In what phase of the economic cycle above would individuals experience the most freedom in their economic choices?

peak


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+


In which year was the peak of the great depression?

It was in the 1930 during which there was a severe world wide economic depression.


What term best descibes the highest point in an economic expansion?

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.


What is the point of overall economic conditions are all operating at almost 100 percent of employment?

Peak (nomad)