The primary difference between seasonality and cycles is:
A)the duration of the repeating patterns.
B)the magnitude of the variation.
C)the ability to attribute the pattern to a cause.
D)the direction of the movement.
E)there are only four seasons but 30 cycles.

Question

Quizplus · Accepted Answer

Seasonality refers to patterns that repeat at regular intervals within a year, such as quarterly or monthly, while cycles refer to longer-term fluctuations that do not have a fixed period.

The Primary Difference Between Seasonality and Cycles Is