2. Although a study of the business cycle can begin with any phase, the order in which

A

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the phases o? 2. Although a study of the business cycle can begin with any phase, the order in which the phases occur follows a pattern of:




A. Trough, Peak, Recovery, Recession

B. Peak, Recession, Trough, Recovery

C. Trough, Recession, Recovery, Peak

D. Recession, Recovery, Trough, Peak

E. Peak, Trough, Recovery, Recession
 
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