The tendency for declines in economic activity to be followed by further declines,and for growth in economic activity to be followed by more growth is called
A) persistence.
B) comovement.
C) periodicity.
D) recurrence.
Correct Answer:
Verified
Q8: Who officially determines whether the economy is
Q9: One of the first organizations to investigate
Q10: The high point in the business cycle
Q11: When aggregate economic activity is increasing,the economy
Q12: Turning points in business cycles occur when
A)a
Q14: The tendency of many different economic variables
Q15: Peaks and troughs of the business cycle
Q16: The fact that business cycles are recurrent
Q17: Which group within the National Bureau of
Q18: The trough of a business cycle occurs
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