The business cycle is so named because upswings and downswings in business activity are
predictably equal in terms of duration and intensity.

Name: The business cycle is so named because upswings and downswings in business activity are predictably equal in terms of duration and intensity.
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Question

Quizplus · Accepted Answer

The business cycle is not predictably equal in terms of duration and intensity. The length and severity of each phase can vary, making it difficult to predict when the next cycle will occur and how severe it will be.

The Business Cycle Is So Named Because Upswings and Downswings