Which point of the business cycle represents a peak? b c d e
1 answer:
The correct answer is A. Consumption reaches its highest point, and then supply begins to fall.
Various economic indicators reach their highest point in the peak month, which is followed by a sharp fall in economic activity. Similar events occur when economic activity reaches a low point and then gradually picks up again. The final month before numerous important economic indicators, such as employment and new housing starts, start to decline, is referred to be the cycle's peak. Real GDP spending is now at its highest position in the economy. Approximately or roughly at the same time as the economy, coincident indicators move or change (i.e. these indicators rise as aggregate economic activity rises and fall as aggregate economic activity falls). The economy enters the peak phase when it reaches its highest level of output, which marks the end of the growth.
Read more about business cycle at:
#SPJ4
Complete Question:
Which point of the business cycle represents a peak? b c d e
The business cycle figure is attached.
You might be interested in
QUESTION:- If the country was experiencing high inflation, the Federal Reserve could _____________________ to help slow down the growth & make the economy stable.
ANSWER:- D) decrease spending AND increase taxes
HOPE IT HELPS YOU.
Answer:
number of periods = 8 years.
Explanation:
We know,
Future Value = Present value ×
Here,
Present value = PV = $2,500
Future value = FV = $3,500
Interest rate (Compounding) = 5% = 0.05
We have to determine how many years (Periods) it will take, n = ?
Putting the values into the above formula,
$3,500 = $2,500 ×
or, = $3,500 ÷ $2,500
or, n log 1.05 = 1.4
or, n × 0.17609 = 1.4
or, n = 1.4 ÷ 0.17609
Therefore, number of years = 7.95 or 8 years.