ECO Week 4 Quiz During the business cycle, the periodbetween the point at which output reaches a high and the point at which itreaches a low is called:  a recession  Which of thesestatements best

ECO Week 4 Quiz During the business cycle, the periodbetween the point at which output reaches a high and the point at which itreaches a low is called:  a recession  Which of thesestatements best

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During the business cycle, the period
between the point at which output reaches a high and the point at which it
reaches a low is called:
 a recession

 Which of these
statements best describes a complete individual business cycle?:
Movement
from peak to trough to peak ]



Business cycles occur when output:  fluctuates around its growth trend ]