Most Economists See the Business Cycle

Multiple Choice

Most economists see the business cycle

A) as a regular pattern of recessions and expansions of the same length and intensity.
B) occurring as a result of anticipated macroeconomic changes in the marketplace.
C) as randomly occurring, resulting from unpredictable long-run changes in the macroeconomy.
D) as resulting from the response of households and firms to macroeconomic shocks.