An economy is at a stage of trough of the business cycle when it reaches its low point.
A business cycle is also referred to as an economic cycle and it can be defined as the decrease and increase in production output of goods and services that is experienced by a business firm in an economy.
In Economics, there are four stages of a business cycle and these include:
Generally, an economy is considered to be at a stage of trough of the business cycle when it reaches its low point.
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