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:

Recessive Gene

A type of gene that is not expressed as a trait unless two copies are present in an organism's genotype.

Blond Hair

Hair that is of a light yellow color, which can range in shades from very pale blond to deep golden blond.

Chromosomes

Thread-like structures located in the nucleus of each cell, made of DNA and proteins, which carry genetic information.

Pairs

In a psychological context, this may refer to a method used in experiments or therapy sessions involving two participants interacting with each other.