Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Basic Question 2 of 6
The contraction phase of the business cycle is characterized by (a) ______ (drop, constant, rise) (in) sales for most businesses, ______ (falling, constant, rising) real GDP, and ______ (decreasing, constant, increasing) unemployment.
User Contributed Comments 0
You need to log in first to add your comment.
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe the business cycle and its phases
CFA® 2024 Level I Curriculum, Volume 1, Module 2.