The series of ups and downs the economy tends to move in is called
A) the business cycle.
B) a recession.
C) a depression.
D) economic growth.

Question

Quizplus · Accepted Answer

The business cycle refers to the fluctuations in economic activity that an economy experiences over a period, including periods of expansion (growth) and contraction (recession). Recession and depression are specific phases within the business cycle, and economic growth typically refers to the expansion phase.

The Series of Ups and Downs the Economy Tends to Move