Solved

Business Cycle Fluctuations Typically Arise Because

Question 117

Multiple Choice

Business cycle fluctuations typically arise because:


A) The actual supply of goods and services ends up being more or less than what consumers were expecting
B) The actual demand for goods and services ends up being more or less than the expected supply of goods and services
C) The actual demand for goods and services ends up being more or less than what firms were expecting
D) Prices tend to be flexible in the short run

Correct Answer:

verifed

Verified

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

Related Questions