Business Cycles Are

question 370

Multiple Choice

Business cycles are

• A) irregular, with some having two recessions and no expansion.
• B) predictable, with a recession following a trough.
• C) unpredictable, but always have two phases and two turning points.
• D) unpredictable, and don't always have two phases and two turning points.

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Definitions:

Cortisol

A steroid hormone released in response to stress and low blood-glucose concentration, involved in metabolism and immune response.

General Adaptation Syndrome

A three-phase response model to stress that includes alarm, resistance, and exhaustion stages, proposed by Hans Selye.

Exhaustion

A state of extreme physical or mental fatigue, often resulting from prolonged stress or overwork.

Chronic Headaches

Recurring headaches that occur for extended periods of time, affecting the individual's quality of life and functionality.