Recessions can occur in the peak phase of a business cycle true false

True

Explanation:

While the business is at it's peak, profit may significantly drop due to technical problems or a severe lag of customers that buy up the product. However, Recessions during peak phase generally bounce back really quickly, returning to the peak amount.

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True

Explanation:

Recessions can occur in the peak phase of a business cycle.

read the sentence below and answer the question that follows. one of the norms in the village was to meet at the town square on fridays for a community dinner and dance. the underlined word in the sentence above is best defined as a a. cultural element shared by all people around the world b. specific area in a town used for traditional community events c. religious custom accepted and practiced by all members of a village d. behavioral pattern that is regularly accepted by a group of people