Use figure 7 for questions 17-19 Economic Activity 10 D A E B 2 10 Time 1 Question 17 According to figure 7. point B is: O a valley point O a trough turning point a peak turning point O at stage 4 of the business cycle U Question 18 1 pts According to figure 7. point Dis: O a valley point a trough turning point a peak turning point O a Spike u Question 19 1 1 There are four stages to the business cycle. According to figure 7. which stage is associated with point C? stage 1 Ostage 3 stage 4 recession stage Question 20 1 pts Based on the classical view. Unemployment never occurs Unemployment might occur temporarily All goods produced are always purchased Persistent unemoloyment might be a