Why Do Economists Prefer Using the Term Economic Fluctuation Rather

question 115

Multiple Choice

Why do economists prefer using the term economic fluctuation rather than business cycle?

• A)​political correctness
• B)​number of parameters involved
• C)​excessive volatility of the cycles
• D)​lack of regularity of a cycle

---

Definitions:

Group Norms

Shared guidelines or rules of conduct that dictate expected behaviors within a group.

Group Cohesion

The bonds that link members of a group together, promoting unity and ensuring members work effectively towards common goals.

Interpersonal Leaders

Individuals who guide and influence others through direct personal relationships, often characterized by their ability to effectively communicate, motivate, and resolve conflicts among team members.

Non-verbal Content

Information communicated without the use of spoken or written language, often through gestures, facial expressions, and body language.