C Courtney New member Sep 17, 2009 #1 The period of growth in real GDP between the trough of the business cycle and the next peak is called the: 1. contractionary phase. 2. recessionary phase. 3. cyclical phase. 4. recovery phase.
The period of growth in real GDP between the trough of the business cycle and the next peak is called the: 1. contractionary phase. 2. recessionary phase. 3. cyclical phase. 4. recovery phase.
