Business Cycles Are

question 370

Multiple Choice

Business cycles are

• A) irregular, with some having two recessions and no expansion.
• B) predictable, with a recession following a trough.
• C) unpredictable, but always have two phases and two turning points.
• D) unpredictable, and don't always have two phases and two turning points.

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Definitions:

Protected Groups

Categories of people who are legally shielded from discrimination on the basis of characteristics such as race, gender, age, or disability.

Relevant Labor Market

The area from which employers attract employees or the job categories from which employees are hired, considering factors like geography and skillset.

Employee Development

A structured process of training, education, and growth opportunities provided by employers to enhance the skills and capabilities of their workforce.

Employer Of Choice

A designation for organizations that are highly desired by potential employees due to their outstanding culture, benefits, and opportunities for career progression.