The point on the business cycle where real GDP reaches its highest level is known as the________.

1 answer:

8 0

The choices can be found elsewhere and as follows:

<span>a) Summit
b) Appogee
c) Peak
d) Maximoid
</span>
I believe the correct answer is option D. The point on the business cycle where real GDP reaches its highest level is known as the Maximoid. Hope this answers the question. Have a nice day.

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