Answer : 3. "economy moves from trough to peak"
Explanation :

Answer: C) economy moves from trough to peak Explanation: Business cycles are identified as having four distinct phases: 1. Expansion, 2. Peak, 3. Contraction, and 4. Trough. Expansion is the phase of the business cycle when the economy moves from a trough to a peak. It is a period when the level of business activity surges and gross domestic product (GDP) expands until it reaches a peak. A period of expansion is also known as an economic recovery. An expansion is characterized by increasing employment, economic growth, and upward pressure on prices.