7. When a business cycle enters a trough of a recession or depression, the federal government can use
monetary and fiscal policies
to offset its effects.
What happens during a trough in the business cycle?
A trough is the stage of the economy's business cycle that marks the
end of a period of declining business activity and the transition to expansion
. … These increase during expansion, recede during contraction, and bottom out during a trough.
What normally happens in the business cycle after a recession?
after the period of recession the
economy begins to recover
. Businesses begin to expand their activities. Additional workers are hired and unemployment declines. It leads to higher levels of consumer spending and further expansion of employment, output and consumption.
Does a recession follow a trough?
A recession begins just after the economy reaches a peak of activity
and ends as the economy reaches its trough
. Between trough and peak, the economy is in an expansion.
What does trough indicate?
A trough is
an elongated region of relatively low atmospheric pressure without a closed isobaric contour
that would define it as a low pressure area. … Troughs may be at the surface, or aloft. Near-surface troughs sometimes mark a weather front associated with clouds, showers, and a wind direction shift.
What are the stages of business cycle?
An economic cycle, which is also referred to as a business cycle, has four stages:
expansion, peak, contraction, and trough
. The average economic cycle in the U.S. has lasted roughly five and a half years since 1950, although these cycles can vary in length.
Which of these are the two most significant causes of income inequality?
Difference in wealth and differences in education. Which of these are the two most significant causes of income inequality?
Equal income distribution and actual income distribution
.
What typically happens after a recession?
During a recovery or “expansion,”
the economy begins to grow again
. As consumers spend more, firms increase their production, leading them to hire more workers. Competition for labor emerges, pushing up wages and putting more money in the pockets of workers and consumers.
What comes next after recession?
Economic recovery is the business cycle stage following a recession that is characterized by a sustained period of improving business activity. Normally, during an economic recovery,
gross domestic product (GDP)
grows, incomes rise, and unemployment falls and as the economy rebounds.
What are three signs that the business cycle is entering a period of recession?
During a recession,
economic activity slows, wages drop, and unemployment rises
. Eventually, the economy will begin to stabilize and enter the trough period before beginning the next expansion. In a healthy economy, expansions are the norm with recessions being short and infrequent.
Which of the following happens when unemployment increases during a recession?
The correct response is the
recession worsens into a depression
. Explanation: High unemployment during a recession can spark a depression where the economy contracts significantly for a prolonged period.
What is the beginning of a recession?
A recession is a significant decline in economic activity spread across the economy, normally visible in production, employment, and other indicators. A recession begins
when the economy reaches a peak of economic activity and ends
when the economy reaches its trough.
Which statement best describes why it is difficult to sell a home during a recession?
Answer: B)
Demand greatly decreases
. Explanation: The problem during a recession is that as the economy slows down, people lose jobs or are less able to earn money.
Why are trough levels important?
To adequately evaluate the appropriate dosage levels of many drugs, the collection and testing of specimens for trough and peak levels is necessary. The trough level is
the lowest concentration in the patient's bloodstream
, therefore, the specimen should be collected just prior to administration of the drug.
What type of weather does a trough bring?
A trough can bring in
cloudy conditions and precipitation
or they can bring in a cold air mass. A ridge is a region with relatively higher heights. A broad region of sinking air or a deep warm air mass will both lead to ridging. Since air is often sinking within a ridge they tend to bring warmer and drier weather.
Why the end of the trough is covered?
fixed in a housing to avoid any damage from livestock. illustrated in the quote sketch – a suitable mechanical cap end should
be fitted to prevent ingress and contamination of the service pipe
. This cap end must be fitted when you install the pipe.
