In which industry or sector of the economy is output least likely to be affected by the business cycle?
A) housing construction
B) automobile production
C) agricultural commodities
D) capital goods production
Correct Answer:
Verified
Q137: Which phase of the business cycle would
Q147: Which statement is correct?
A)All sectors of the
Q149: A peak in the business cycle
A)occurs when
Q150: Which of the following is the correct
Q151: General sources of shocks that can cause
Q153: A recession is a decline in
A)the inflation
Q154: The unemployed are those people who
A) do
Q154: The Great Recession that started in 2007
Q156: A trough in the business cycle occurs
Q157: In the expansion phase of a business
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