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Basic Question 1 of 6

If a business cycle begins with a contraction, what is the order of stages of the business cycle?

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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

describe the business cycle and its phases

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