For a month following a presidential illness, very few homes were sold.Afterwards, the realty business returned to normal levels.This is an example of:

Question

Quizplus · Accepted Answer

This is an example of cyclical variation, which refers to fluctuations in economic activity or phenomena over a period that are not of a fixed length, often influenced by various factors such as economic conditions, political events, or significant incidents like a presidential illness. Unlike seasonal variations, which are predictable changes that recur every year, cyclical variations do not have a fixed period and are not predictable in the same way.

For a Month Following a Presidential Illness, Very Few Homes