Income reaches the highest level at the peak point of the business cycle.
The highest point of the business cycle is called peak. It follows the boom, (a protracted period in which the economy activity increases called upturn), and it is followed by a downturn, during which the amount of economy activity decreases.
So, during a peak, incomes, purchases, investment, spending and employment reach their highest point since the economy has expanded.
Answer:
38
Explanation:
texas has 38 electoral votes Texas currently has 36 congressional districts. Thus, Texas has a total of 38 Representatives in Washington, D.C. which means texas has 38 electoral votes.
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