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Basic Question 2 of 13

In the ______ stage of business cycle, companies start to focus on capacity expansion (e.g. heavy equipment, warehouses and factories).

A. recovery
B. slowdown
C. expansion

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

describe how resourceuse, consumer and business activity, housing sector activity, and external trade sector activity vary over the business cycle and describe their measurement using economic indicators

CFA® 2024 Level I Curriculum, Volume 1, Module 2.