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An Economic Trough is a period during which
An economy is witnessing Slowdown for more than 3 quarters in a row.
A stage of the economy's business cycle experiencing a phase of expansion and then a peak followed by a transition towards contraction
A stage of the economy’s business cycle that marks the end of a period of declining business activity and the transition to expansion
None of the above
A trough is the stage of the economy's business cycle that marks the end of a period of declining business activity and the transition to an expansion. The business cycle is the upward and downward movement of gross domestic product and consists of recessions and expansions that end in peaks and troughs.
By: Vishal ProfileResourcesReport error
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