Join ExamsbookAnswer : 4. "a growing recession"
A low trough is indicative of5
Q: A low trough is indicative of
- 1the start of a depressionfalse
- 2the end of a recessionfalse
- 3a serious depressionfalse
- 4a growing recessiontrue
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Answer : 4. "a growing recession"
Explanation :
Answer: D) a growing recession Explanation: A low trough is indicative of "a growing recession" since a trough indicates a general change in the business cycle, which can have varying degrees of importance. A recession could be an important decline in economic activity that goes on for quite many months.