Some economists prefer to use the term business ﬂuctuations rather than business cycles to describe the historical growth record in the United States because
A) cycles include a trough phase, while ﬂuctuations do not.
B) cycles implies regularity, while ﬂuctuations does not.
C) ﬂuctuations include an expansion phase, while cycles do not.
D) ﬂuctuations are relatively predictable events.

Question

Quizplus · Accepted Answer

The term "business cycles" implies regularity and predictability, which may not always be the case. "Business fluctuations" is a more neutral term that acknowledges the ups and downs of the economy without implying a set pattern.

Some Economists Prefer to Use the Term Business ﬂUctuations Rather