解析我能看懂,但是题干中“Both the domestic and international markets are experiencing synchronized growth in GDP midway between the trough and the peak of the business cycle.”这句话如何如何理解?我做的时候以为是考察late expansion (midway between the peak of cycle)资产配置,如果是late expansion的话...
Assume an economy is at the peak of the business cycle. Which of the following policy combinations is the most effective way to dampen the economy and prevent inflation? a. Reduce government spending, reduce taxes, reduce money supply, and reduce interest rates. b. Increase government spending,...
Understanding the Peak of a Business Cycle The peak is one of the four phases in the business cycle. The business cycle has no specific order as it simply repeats, but the four phases are recovery/expansion, peak, contraction/recession, and trough.2Business cycles are dated according to when...
According to this chart, what was the unemployment rate during the peak of the business cycle? 3% 5% 4% 7% 6% Worksheet PrintWorksheet 1. What happens to real GDP, prices and unemployment at the peak of a business cycle? Real GDP grows, prices rise, and unemployment is low. ...
An economic cycle is the overall state of the economy as it goes through four stages in a cyclical pattern: expansion, peak, contraction, and trough. Factors such as GDP, interest rates, total employment, and consumer spending can help determine the current stage of the economic cycle. ...
Peak:The upper turning point of a business cycle and the point at which expansion turns into contraction. Contraction:A slowdown in the pace of economic activity defined by low or stagnant growth, high unemployment, and declining prices. It is the period from peak to trough. ...
the peak periodC. the higher cost of livingD. another phase of the business cycle 相关知识点: 试题来源: 解析 (C)1.B 2.B 3.D 结果一 题目 英语翻译1.One phase of the business cycle is the expansion phase.This phase is a two-fold one,including recovery and prosperity.During the...
However, when this phase reaches a peak and stops going upwards, it is the end of the expansion phase.We can infer from the last paragraph that ___. A.the end of one business expansion will certainly happenB.the business can expand endlesslyC.economic expansion is fastD.economic rise to ...
of goods bought and sold.Thus prosperity is diffused among the various segments of the population.This prosperity period may continue to rise and rise without an apparent end.However,a time comes when this phase reaches a peak and stops spiraling upwards.This is the end of the expansion phase...
Thus prosperity is diffused among the vaious segments of the population. This prosperity period may continue to rise and rise without an apparent end. However, a time coms when this phase reaches a peak and stops spiraling upwards. This is the end of the expansion phase.Which of the ...