asked 145k views
0 votes
The point on the business cycle where real GDP reaches its highest level is known as the________.

asked
User IronSean
by
7.1k points

1 Answer

4 votes
The choices can be found elsewhere and as follows:

a) Summit
b) Appogee
c) Peak
d) Maximoid

I believe the correct answer is option D. The point on the business cycle where real GDP reaches its highest level is known as the Maximoid. Hope this answers the question. Have a nice day.
answered
User Tarun Arora
by
7.4k points
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