问题 单项选择题

Which of the following statements about phases of the business cycle is most accurate()

A. During an expansion, real output grows and unemployment increases.

B. During contraction, real output declines and unemployment decreases.

C. The business peak is the highest output (measured in GDP) of an expansion.

答案

参考答案:C

解析:

Only the business peak is accurately described.

选择题
单项选择题