answersLogoWhite

0

The turning points of the cycle are called the peak, which is at the end of the expansion phase, and the trough, which is at the end of the contraction phase.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

What is the stage in a business cycle called when real GDP stops falling?

When the GDP stops falling, the business cycle is a trough.


What is the stage in business cycle called when real GDP stops falling?

When the GDP stops falling, the business cycle is a trough.


What are the ups and downs of an economy called?

Business Cycle.


The distance between corresponding points on wave's cycle is called its?

Wavelength


What is alternating periods of prosperity and decline called?

The business cycle


What of these points in the business cycle creates excitement and wealth but can also lead to deeper recessions after it ends?

boom A+


The distance between corresponding points on a waves cycle is called its?

Wavelength


The distance between corresponding points on a wave cycle is called?

The distance between corresponding points on a wave cycle is called the wavelength. It is typically measured as the distance between two consecutive peaks or troughs of a wave.


The phase of the business cycle in which real GDP declines is called?

recession


What is it called when business activity slows prices and wages drop and unemployment rises?

the business cycle


What is the cycle of old rocks turning into new rocks called?

The cycle of old rocks turning into new rocks is called the rock cycle. This process involves the transformation of rocks through various geological processes such as weathering, erosion, sedimentation, and metamorphism. Igneous, sedimentary, and metamorphic rocks continuously change from one type to another over time. The rock cycle demonstrates the dynamic nature of Earth's materials and their constant recycling.


The econmic policy that manages the business cycle by changing government spending is called.?

Fiscal policy