SIE - Securities Industry Essentials Exam

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Which part of the economic cycle occurs before numerous economic indicators decrease; such as retail sales numbers and the amount of employed people?

Contraction
A
Trough
B
Expansion
C
Peak
D

Explanations

This is the peak of the economic cycle. Since most economic indicators are lagging, the weaker data usually only becomes evident once the contraction period has begun.

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