Comparisons of Business Cycles Before and After World War II

question 46

Multiple Choice

Comparisons of business cycles before and after World War II show that

• A) there has been no significant change in the nature of business cycles
• B) the amplitude of business cycles has increased in recent years
• C) diminishing foreign trade has successfully reduced volatility in the post-war period
• D) expansions have lengthened and contractions have shortened
• E) recessions have become shorter but deeper, while expansions have become shorter with higher growth rates

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Definitions:

Arranged Marriage

A marital union where the bride and groom are selected by individuals other than the couple themselves, often by family members.

Pakistani Student

A student who is either from Pakistan or of Pakistani descent, often mentioned in contexts discussing education, culture, or international studies.

Career

The pursuit of a lifelong ambition or the general course of progression towards lifelong goals in professional or personal endeavors.

Humiliating Experience

An event or situation that causes someone to feel ashamed, embarrassed, or deeply disrespected.