Series 6 - Investment Company And Variable Contracts Products Representative Exam
Name the four stages of the business cycle in chronological order.
Expansion; Peak; Contraction; TroughA
Peak; Trough; Contraction; ExpansionB
Trough; Expansion; Contraction; PeakC
Contraction; Expansion; Peak; TroughD
The business cycle begins with expansion, then peaks, then contracts, then trough.