________ refers to alternating periods of economic expansion and economic recession in an economy.
A) Fiscal policy
B) Labour productivity
C) The business cycle
D) Positive economic analysis

Question

Quizplus · Accepted Answer

The business cycle refers to the alternating periods of economic expansion and economic recession in an economy. Fiscal policy refers to government spending and taxation policies that influence economic activity. Labour productivity refers to the output per hour of work, and positive economic analysis refers to an analysis that focuses on the positive, rather than normative, aspects of economics.

________ Refers to Alternating Periods of Economic Expansion and Economic