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The economy's movement from peak to trough and trough to peak is called the:
ABalance of trade
BBudget process
CBanking system
DBusiness cycle
Answer & Solution
Correct answer: D. Business cycle
1. The repeated rise and fall of output has a standard name.
2. The peak is the high point and the trough is the low point.
3. The economy moves from peak to trough and trough to peak.
4. That movement is called the business cycle.
_Source: OpenStax Principles of Macroeconomics for AP Courses 2e (CC BY 4.0), Ch 5 'The Macroeconomic Perspective'_
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