Which of the Following Does Not Describe a Characteristic of Short-Term

question 36

Multiple Choice

Which of the following does not describe a characteristic of short-term economic fluctuations?

• A)Expansions and recessions are felt throughout the economy.
• B)Expansions and recessions are irregular in length and severity.
• C)The unemployment rate rises during recessions.
• D)Durable-goods industries are less sensitive to short-term fluctuations than service and non-durable industries.

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Definitions:

Daunting Task

A challenge that appears difficult to accomplish due to its size, complexity, or effort required.

Succession Planning

A strategic process of identifying and developing new leaders who can replace old leaders when they leave, retire, or die.

Succession Planning

The process of identifying and developing new leaders who can replace old leaders when they leave, retire or pass away.

Save Money

Strategies or actions taken to reduce costs and expenditures, optimizing resource use to improve financial health.