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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 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® 2026 Level I Curriculum, Volume 1, Module 2.