04.01 Ultimate Roller Coaster Quiz
Question: Which of the following describes a key difference between B and D?
Answer: Unemployment rises in B but falls in D.
Question: Which of the following most likely occurs during C?
Answer: Low production and high unemployment
Question: Which statement best explains the relationship between points A and B?
Answer: Production reaches its highest point, and then the economy begins to contract.
Question: Which part of the cycle represents a period of contraction?
Answer: B
Question: Which point of the business cycle represents a peak?
Answer: E