Depth of a Business Cycle Refers To

question 87

Multiple Choice

Depth of a business cycle refers to:

• A) the length of time from one business cycle peak to the next.
• B) how low a trough or how high a peak of a business cycle is.
• C) which segments of the economy are affected by a recession in a business cycle.
• D) whether the bottom of the cycle is a depression.
• E) what percentage of businesses exit their industry.

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Definitions:

Tasks

Specific pieces of work or activities assigned to an individual or a group to be completed.

Delays

Periods of time by which something is late or postponed.

Project Management

The discipline of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria.

Contingencies

Events or conditions that might occur in the future and can affect the outcome of plans.