Business Cycle Refers to the

question 17

Multiple Choice

Business cycle refers to the

• A)rise and fall of firms in a particular industry.
• B)rise and fall of industries in the economy.
• C)short-run fluctuation of international trade as a proportion of GDP.
• D)short-term movement of output and other key economic variables around their long-term trends.

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Definitions:

PKU

PKU, or Phenylketonuria, is a genetic disorder in which the body cannot metabolize phenylalanine, an amino acid, leading to harmful levels in the body if not treated with a special diet from infancy.

Neurological Damage

Refers to injury or impairment in the nervous system, potentially affecting the brain, spinal cord, or nerves, leading to various physical and cognitive symptoms.

Mental Retardation

An outdated and offensive term formerly used to describe a condition of below-average cognitive ability present from birth or early infancy, now more appropriately referred to as intellectual disability.

Small-For-Date

A term describing infants born with a birth weight below the 10th percentile for their gestational age, often indicating prenatal growth issues.