The Term "________ Cycle" Is a Popular Way to Describe

question 127

Multiple Choice

The term "________ cycle" is a popular way to describe the recession-expansion pattern followed by the economy.

• A) business
• B) output
• C) inflation
• D) unemployment
• E) long-run

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Definitions:

Identified

Singled out or recognized from among others.

Existing

Currently present or in existence.

Interest

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid over a specified period.

Entrusts

To give someone the responsibility to take care of something or act on one's behalf.