Business cycles
A) are more volatile during a Republican administration.
B) are unpredictable due to political upheavals and global markets.
C) follow a pattern of trough, expansion, peak and recession.
D) are all identical in duration over the last century.

Question

Quizplus · Accepted Answer

Business cycles typically follow a pattern of trough, expansion, peak, and recession, although the duration and intensity of each phase can vary.

Business Cycles