Question

The time from one economic peak to another economic peak is called the _____. A). aggregate

B). net exports
C). economic cycle

Answer 1

The answer is C Economic Cycle

Answer 2

Answer: C). economic cycle

Explanation:

Economic cycle is known to be rise and fall in the economic activities of a country. Also, it is the expansion and contraction which an economy experience or go through. It is made up of four phases, which are: expansion, peak, contraction and trough. Thus, the economic cycle of a nation can be determined by Gross Domestic Product, consumer spending and so on. It is also known as business cycle.