单选题
Which of the following are four phases of the typical business cycle?
A. Peak, boom, bust, and recession.
B. Peak, expansion, recession, and stability.
C. Peak, contraction, recessionary trough, and expansion.
A
B
C
【正确答案】
C
【答案解析】
The four phases of the business cycle include the peak, contraction, recessionary trough, and expansion.
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