A business cycle is
A) the pattern of short- run upward and downward movements in total output.
B) the cyclical movement in the interest rates.
C) the increase in consumer spending that accompanies an increase in disposable income.
D) the cyclical change in the nation's balance of trade.
Correct Answer:
Verified
Q211: The four parts of the business cycle
Q212: Business cycles are
A) unpredictable, and don't always
Q213: The business cycle is defined as the
A)
Q214: The term "business cycle" most closely refers
Q215: The business cycle refers to
A) fluctuations in
Q218: The productivity slowdown in the United States
Q219: Real GDP
A) can be called potential GDP
Q219: Which of the following are parts of
Q220: When real GDP is less than potential
Q221: 
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