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

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


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

Peak a+


What is the unemployment produced by fluctuations in economic activity called?

The unemployment produced by fluctuations in economic activity is called


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+


Which point in the business cycle occurs when economic activity goes from positive to negative and an expansion turns into a recession?

peak


What is an activity of striking workers to prevent the hiring of replacement workers called?

peak


Which point in the business cycle occurs when economic activity goes to positive to negative and and expansion turns into a recession?

Trough A+


What is a period of reduced economic activity called?

a recession or depression


When economic activity in an economy declines it is called?

== == == ==


IThe economic activity in which one is engaged on a regular basis is called his her ii A professional requires and training in a particular field?

The economic activity in which one is engaged on a regular basis is called his or her profession


What is the difference between economic and noneconomic activity?

Economic activity is the activity in which we work for earning an incom. Non economic activity is the activity wich we do it for our satisfaction.


What are the major economic activities?

The major pillar of a country is called as the major economic activities. For example in Hawaii the major economic activity is Tourism.