In the year 2016, Libertyville most likely experienced a trough in its business cycle.
The level of the economy's enterprise cycle that marks the cessation of a duration of declining enterprise pastime and the transition to expansion is known as a trough.
The enterprise cycle is the upward and downward motion of gross home product and includes recessions and expansions that lead to peaks and troughs.
Thus, In the year 2016, Libertyville most likely experienced a trough in its business cycle.
Learn more about trough here:
https://brainly.com/question/1241657
#SPJ4
