In what order do the following economic phases typically occur?
Recovery.
Trough.
Decline.
Prosperity.
A) IV, III, I, II.
B) I, IV, III, II.
C) II, I, III, IV.
D) III, IV, I, II.
Answer: B) I, IV, III, II.
Recovery.
Trough.
Decline.
Prosperity.
A) IV, III, I, II.
B) I, IV, III, II.
C) II, I, III, IV.
D) III, IV, I, II.
Answer: B) I, IV, III, II.