Economic fluctuations are defined as
A)alternating periods of significant GDP growth and decline.
B)events only encountered in developing countries.
C)periods of stable economic growth.
D)alternating periods of unemployment falling above and below zero.

Question

Quizplus · Accepted Answer

Economic fluctuations refer to the alternating periods of significant GDP growth and decline. These fluctuations are a normal characteristic of market economies and affect employment, consumer spending, business profits and investment, and government budget balances.

Economic Fluctuations Are Defined as