ECONOMICS
What does the business cycle shown on this graph suggest about the condition of the economy at point B?

A. The economy is in a period of growth that will continue for some
time.
B. The economy has done well for a while and is at its highest point
of the cycle.
C. The economy has struggled for some time but is preparing to
recover.
D. The economy is getting worse and will continue declining for
another quarter.

A business cycle is the periodic expansion and contraction of a country's economy, as measured primarily by GDP, further explained.

What does a business cycle entail?

A business cycle is the periodic expansion and contraction of a country's economy, as measured primarily by GDP. Governments aim to control business cycles by increasing or decreasing spending, raising or lowering taxes, and altering interest rates. From job hunting to investing, business cycles can have an impact on individuals.

Option C. The economy has been struggling for some time but is beginning to improve; this is the economy's state at point B.

Learn more about the business cycle here:

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