A Business Cycle Is the Period of Time in Which

question 71

Multiple Choice

A business cycle is the period of time in which:

• A)a business is established and ceases operations.
• B)there are three phases, which are: peak, depression and recovery.
• C)real GDP declines.
• D)expansion and contraction of economic activity are alternated.

---

Definitions:

Inborn Trait

A characteristic, feature, or talent genetically inherited from one's parents at birth.

Sensitive Caregiver

A caregiving approach that is attentive and responsive to the emotional and physical needs of those being cared for.

New York Longitudinal Study

A significant research project that began in the 1950s, focusing on the temperament and development of children from infancy through adulthood.

Temperament Categories

Classification systems that describe inherent personality traits and tendencies observed from infancy.