Which of the Following Is Correct with Regard to the Business

question 206

Multiple Choice

Which of the following is correct with regard to the business cycle?

• A) Due to better government management of the economic environment, the business cycle has become less volatile in recent decades.
• B) A depression occurs when the trough of the business cycle extends five or more years.
• C) There are no recognizable short-term phases in the business cycle; rather, the cycle can only be recognized as a long-term phenomenon.
• D) A recession is usually defined as two consecutive quarters when the economy shrinks.
• E) All of these are correct.

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The specific academic qualifications or levels of education necessary for a particular job, program, or activity.

Workplace Problems

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