• erika19
Imagine that you just saw a headline on a news web site that read “High Inflation Could Be Ending: Fed Takes Strong Action.” The nation is most likely in which part of the Business Cycle? recession. expansion. a peak. a trough.
Economics - Financial Markets
  • Stacey Warren - Expert
Hey! We 've verified this expert answer for you, click below to unlock the details :)
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.
  • schrodinger
I got my questions answered at in under 10 minutes. Go to now for free help!
  • anonymous
Erika, The answer s eems most likely to be "a peak" as it says "high inflation could be ending". I have no idea what they mean by Fed takes strong action, as in the case of a PEAK it would be on the side lines. Now if the answer is a "recession" then the Fed would be lower interest rates by expanding the money supply, wnw
  • anonymous
if some country talks about high inflation could be ending, and FED or the central bank of the country takes the strong action. it sounds that a strong action is always needed when we are in tough situations...if we are in expansion situation, we will be taking a strategic actions...So the answer will be the a " tough business cycle."

Looking for something else?

Not the answer you are looking for? Search for more explanations.