Business cycles are
A) unpredictable, and don't always have two phases and two turning points.
B) predictable, with a recession following a trough.
C) unpredictable, but always have two phases and two turning points.
D) irregular, with some having two recessions and no expansion.
Correct Answer:
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Q211: The four parts of the business cycle
Q213: The business cycle is defined as the
A)
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A) fluctuations in
Q216: A business cycle is
A) the pattern of
Q219: Real GDP
A) can be called potential GDP
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