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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