Which of the following stages in the business cycle involves a slow recovery from economic decline?

The stage in the business cycle that involves a slow recovery from economic decline is the expansion phase. During this time, after a trough (the lowest point of economic decline), the economy begins to recover as consumer confidence starts to return, businesses resume investment activities, and economic output increases. This phase is characterized by rising employment rates, increased consumer spending, and overall growth in the economy, though initially, growth may be sluggish as it takes time for all sectors to stabilize and regain momentum.

In contrast, the peak stage represents the maximum point of economic activity before a decline begins, while the trough signifies the lowest point following a recession. The recession stage is marked by a period of economic decline where various indicators such as GDP, employment, and production diminish. Understanding these distinctions helps clarify why the expansion phase specifically relates to a slow recovery after downturns, making it the correct choice for the question about economic recovery.