The data shows that total profit in the Australian economy:
A) tends to increase in even years, and decrease in odd years, although no one can explain why.
B) tends to decrease in recessions, increase in expansions.
C) is not influenced by the business cycle.
D) has decreased steadily over time.
E) tends to increase in recessions, decrease in expansions.

Question

Quizplus · Accepted Answer

The data shows that total profit in the Australian economy tends to decrease in recessions and increase in expansions, indicating a correlation with the business cycle.

The Data Shows That Total Profit in the Australian Economy