The trough of a business cycle occurs when hits its lowest point.

Related MCQs

• The lowest point in the business cycle is referred to as the:
• Peak is the --- turning point of the business cycle.
• refers to the top or the highest point of business cycle.
• In business cycle, depression is followed by:
• A business cycle has:
• A business cycle is composed of ------phases:
• What are the two main components of business cycle theories?
• Peaks and troughs of the business cycle are known collectively as:
• The term business cycle refers to –
• Which one of the following is not the characteristic of business cycle?