Solved

A Business Cycle Is

Question 14

Multiple Choice

A business cycle is:


A) a recurring period of growth and decline in an economy's real output.
B) the amount of time required to exhaust an economy's inventory of goods.
C) the order and timing of steps that must be completed to produce a product.
D) the period of time from the organization of a business until it ceases operations.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions