Series 6 - Investment Company And Variable Contracts Products Representative Exam

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Name the four stages of the business cycle in chronological order.

Expansion; Peak; Contraction; Trough
A
Peak; Trough; Contraction; Expansion
B
Trough; Expansion; Contraction; Peak
C
Contraction; Expansion; Peak; Trough
D

Explanations

The business cycle begins with expansion, then peaks, then contracts, then trough.

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