Which of the Following Stages in the Business Cycle Forces

question 207

Multiple Choice

Which of the following stages in the business cycle forces businesses to hold down costs,trim payrolls,and cut down travel costs in order to earn profits and cope with uncertain consumer demand?

• A)Recovery
• B)Growth
• C)Prosperity
• D)Maturity

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Definitions:

Behavior

The behavior or responses of a person or system triggered by external or internal prompts.

Continuous Reinforcement

A reinforcement strategy where a behavior is reinforced every time it occurs, leading to rapid learning.

Interval

A specific period between events or a certain point in time within a continuum.

Ratio

A quantitative relationship between two numbers showing how many times the first number contains the second or is contained by it.