What Is a Business Cycle

question 121

Multiple Choice

What is a business cycle?

• A) It is a firm's pattern of sales during a given year.
• B) It is the economy's pattern of fluctuations in economic activity: expansion followed by contraction and then by another expansion.
• C) It is the seasonal pattern of fluctuations in consumer spending: increased spending during the holiday season and decreased spending at other times of the year.
• D) It refers to the peaks and troughs in the demand for luxury goods in a country.

---

Definitions:

Bypassing

The act of avoiding or circumventing an obstacle or pathway, often used in medical terms to describe surgical procedures that reroute bodily functions.

Blockage

An obstruction that prevents movement or flow, often referring to the clogging of passages or pathways in biological or mechanical systems.

Ultraviolet Lamp

A lamp designed to emit ultraviolet (UV) light, used in various applications, including disinfection, curing of materials, and skin treatment.

Skin

The body's largest organ, which acts as a barrier protecting the body from external elements, helps regulate temperature, and provides sensory information.