All of the Following Are Characteristics of Short-Term Economic Fluctuations

question 58

Multiple Choice

All of the following are characteristics of short-term economic fluctuations EXCEPT

• A) expansions and recessions are felt throughout the economy.
• B) expansions and recessions are irregular in length and severity.
• C) unemployment falls sharply during recessions.
• D) durable-goods industries are more sensitive to short-term fluctuations than service and non-durable industries.
• E) recessions tend to be followed by a decline in inflation.

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Definitions:

Adjacent Desk

A desk or workspace that is directly next to another, usually in an office or classroom setting, facilitating close proximity interaction.

Phone Call

A telecommunications mechanism that allows two or more users to converse when they are too far apart to be heard directly.

Situational Cues

Environmental or contextual factors that guide people's behavior or perceptions in specific situations.

Exam Cheating

The act of using unauthorized means or methods to achieve higher grades or scores in educational assessments.