what is the first part of the cycle after the trough has been rounded? *\nrecession\nrecovery\nboom\nbust\nwh…

what is the first part of the cycle after the trough has been rounded? *\nrecession\nrecovery\nboom\nbust\nwhat is the lowest part of contraction before it hits the trough? *\nrecession\nrecovery\nboom\nbust

what is the first part of the cycle after the trough has been rounded? *\nrecession\nrecovery\nboom\nbust\nwhat is the lowest part of contraction before it hits the trough? *\nrecession\nrecovery\nboom\nbust

Answer

Brief Explanations:

In a business - cycle, after the trough (the lowest point), the economy enters the recovery phase. The lowest part of contraction before the trough is the bust, which represents a severe economic decline.

Answer:

  1. B. recovery
  2. D. bust