Recently, Country X has seen a gradual increase in the unemployment rate, the stock market has shifted from a bull to bear market, and the gross domestic product has shrunk from the last two quarters. Based on the information, what best describes the position of Country X in the business cycle? ResponsesRecently, Country X has seen a gradual increase in the unemployment rate, the stock market has shifted from a bull to bear market, and the gross domestic product has shrunk from the last two quarters. Based on the information, what best describes the position of Country X in the business cycle? Responses Contraction Contraction Expansion Expansion Peak Peak Trough