The Defining Feature of Business Cycles Is That They Are

question 38

Multiple Choice

The defining feature of business cycles is that they are

• A)fluctuations about trend in real GDP.
• B)fluctuations about trend in the level of employment.
• C)fluctuations about trend in the unemployment rate.
• D)changes in the trend component of real GDP.
• E)fluctuations about trend in standards of living.

---

Definitions:

Injection Site

The specific area of the body where a needle is inserted to deliver medication or vaccines.

Decline Stage

Becoming less intense, subsiding; a period of time when the symptoms of disease start to disappear.

Whooping Cough

A highly contagious respiratory disease caused by the bacterium Bordetella pertussis, characterized by severe coughing spells followed by a whooping sound.

Pertussis

A highly contagious bacterial disease also known as whooping cough, characterized by severe coughing spells.