Business cycles are
A) unpredictable, but always have two phases and two turning points.
B) irregular, with some having two recessions and no expansion.
C) predictable, with a recession following a trough.
D) unpredictable, and don't always have two phases and two turning points.
Correct Answer:
Verified
Q59: Last year in the country of Ecoland
Q60: A loaf of bread purchased by one
Q61: Because pollution reduces economic welfare, on this
Q62: All of the following are included in
Q63: The largest component of GDP in the
Q65: The circular flow diagram shows
A)the effects of
Q66: Real GDP is
A)an increase in the average
Q67: In any year, real GDP
A)always equals potential
Q68: Net exports of goods and services equal
Q69: Gross private domestic investment is all purchases
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents