Questions

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.

True, the greenhouse effect is caused solely by human activities such as deforrestation, depletion of natural resources and emission of CO2 by using vehicles, refrigerators and AC's.

Diego Garcia is a chain of Islands in the Indian ocean with large military base under British Indian Ocean Territory.

The U.S. military facility on the island of Diego Garcia in the Indian Ocean represents a horrific example of the human costs of war and imperialism.