NO.PZ2023061903000003
问题如下：
Q. An analyst writes in an economic report that the current phase of the business cycle is characterized by accelerating inflationary pressures and borrowing by companies. The analyst is most likely referring to the:
选项：
A.peak of the business cycle.
B.contraction phase of the business cycle.
C.early expansion phase of the business cycle.
解释：
A is correct. Accelerating inflation and rapidly expanding capital expenditures typically characterize the peak of the business cycle. During such times, many businesses finance their capital expenditures with debt to expand their production capacity.
C为什么不对，怎么判断是已经到peak 还是开始衰退了
