CAF-7 · Chapter 1 · Question 9 of 15
Which of the following best defines the 'Trough' stage of the economic cycle?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) The lowest point of economic activity before a recovery begins
Explanation
In the economic cycle, the trough is the lowest point of a recession or depression. It marks the end of declining economic activity and the transition point into the recovery phase.
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