During business cycles the opposite of a peak is _____

CA Foundation · Business Economics · MTP · April 2025
During business cycles the opposite of a peak is _____
(A) A. an inflation
(B) B. a hyperinflation
(C) C. a trend
(D) D. a trough

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. a trough

Topics: Business Cycles

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