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SEPHS - SOC240 - Economics Fall
The Business Cycle
Question 7
7
Quiz
Multiple Choice
The Business Cycle
Question 7 • SEPHS - SOC240 - Economics (Fall)
There are five stages in a recession. 1. job loss2. falling production3. falling demand (occurs twice)4. peak production In which order do these stages occur?
Answer
4
4, 3, 2, 1, 3
3
3, 2, 1, 3, 4
4
4, 3, 2, 3, 1
4
4, 2, 3, 1, 3
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