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The Fact That Business Cycles Are Periodic but Not Recurrent

Question 27

Multiple Choice

The fact that business cycles are periodic but not recurrent means that


A) business cycles occur at predictable intervals,but do not last a predetermined length of time.
B) the business cycle's standard contraction-trough-expansion-peak pattern has been observed to recur over and over again,but not at predictable intervals.
C) business cycles occur at predictable intervals,but do not all follow a standard contraction-trough-expansion-peak pattern.
D) business cycles last a predetermined length of time,but do not all follow a standard contraction-trough-expansion-peak pattern.

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