The Fact That Business Cycles Are Periodic but Not Recurrent

question 27

Multiple Choice

The fact that business cycles are periodic but not recurrent means that

• A)business cycles occur at predictable intervals,but do not last a predetermined length of time.
• B)the business cycle's standard contraction-trough-expansion-peak pattern has been observed to recur over and over again,but not at predictable intervals.
• C)business cycles occur at predictable intervals,but do not all follow a standard contraction-trough-expansion-peak pattern.
• D)business cycles last a predetermined length of time,but do not all follow a standard contraction-trough-expansion-peak pattern.

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Definitions:

Employment Act

The Employment Act is legislation designed to regulate labor conditions, including hours, wages, and worker rights, in order to ensure fair treatment of employees.

Age-Based

Referring to criteria or classifications determined by an individual's age.

Title VII

A section of the Civil Rights Act of 1964 that prohibits employment discrimination based on race, color, religion, sex, or national origin.

Employers

Organizations or individuals who engage the services of employees or workers under an employment contract or agreement.