Business cycles in the United States
A)Are remarkably similar in length but vary greatly in intensity.
B)Vary greatly in length,frequency,and intensity.
C)Are similar in frequency and intensity.
D)Are similar in length,frequency,and intensity.

Question

Quizplus · Accepted Answer

Business cycles in the United States vary greatly in length, frequency, and intensity. While some cycles have lasted for over a decade, others have been as short as a few months. Additionally, some cycles have been severe, resulting in high unemployment and economic contraction, while others have been milder.

Business Cycles in the United States