Since the Second World War,the Severity of the Business Cycle

question 7

True/False

Since the Second World War,the severity of the business cycle has moderated.
The ups and downs of the economy have been less pronounced since World War II.

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Definitions:

Blood

A fluid, circulating connective tissue that transports nutrients and other materials through the bodies of many types of animals.

Bleach

A chemical compound used to whiten or remove color through oxidation or reduction, often used for disinfection and stain removal.

Seawater

Water from the sea, which is saline in nature due to the presence of dissolved salts, minerals, and other substances.

Muscle Contraction

The process where muscle fibers shorten or tense, producing movement or force, often in response to a nerve impulse.