Alternating periods of economic growth and contraction are referred to as
A)Fiscal policy.
B)A policy lever.
C)The business cycle.

Question

Quizplus · Accepted Answer

Alternating periods of economic growth and contraction are referred to as the business cycle. Fiscal policy and policy lever refer to actions taken by governments to impact the economy, but do not refer specifically to the cycle of growth and contraction.

Alternating Periods of Economic Growth and Contraction Are Referred to as