The Primary Difference Between Seasonality and Cycles Is

question 132

Multiple Choice

The primary difference between seasonality and cycles is:

• A)the duration of the repeating patterns.
• B)the magnitude of the variation.
• C)the ability to attribute the pattern to a cause.
• D)the direction of the movement.
• E)there are only four seasons but 30 cycles.

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Definitions:

Minority Group

A category of people who experience relative disadvantage as compared to members of a dominant social group.

U.S. Census Bureau

A principal agency of the U.S. Federal Statistical System responsible for producing data about the American people and economy through censuses and surveys.

New Venture Creation

The process of designing, launching, and running a new business or enterprise.

Economic Mobility

The ability of an individual, family, or some other group to improve (or lower) their economic status—usually measured in income.