A period of economic stability began in the 1980s. In 2001, prices began to increase. In 2007, an economic crisis caused prices to fall. Which of these dates would be considered the peak of this cycle?

A.)1980
B.)1990
C.)2001
D.)2007

Question

A period of economic stability began in the 1980s. In 2001, prices began to increase. In 2007, an economic crisis caused prices to fall. Which of these dates would be considered the peak of this cycle?

A.)1980
B.)1990
C.)2001
D.)2007

dmndlife24 · Answer

2007 because that is the year when the peak is at its highest (before prices begin to fall).