All of the following are correctly paired with their phase of the business cycle, EXCEPT __________.
Ahigh level of employment: peak phase
Bslowdown of business activity: contraction phase
Crising unemployment: recovery phase
Dproduction levels are at their worst: trough phase
Ahigh level of employment: peak phase
Bslowdown of business activity: contraction phase
Crising unemployment: recovery phase
Dproduction levels are at their worst: trough phase