A trough in the business cycle indicates:

CA Foundation · Business Economics · MTP · January 2026
A trough in the business cycle indicates:
(A) A. The highest level of economic activity
(B) B. A period of zero unemployment
(C) C. The lowest point of economic decline
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. The lowest point of economic decline

Topics: Business Cycles

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic