What Is the Business Cycle

question 154

Multiple Choice

What is the business cycle?

• A)The periodic cycles of profits and losses that all firms experience.
• B)The natural evolution of new firms growing quickly at first,then slowing and fading into obsolescence.
• C)The fact that Real GDP falls as often as it rises.
• D)The expansionary and contractionary phases in the growth rate of Real GDP.

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Definitions:

Gender

Socially constructed roles, behaviors, expressions, and identities of girls, women, boys, men, and gender diverse individuals.

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