Fluctuations in production and employment are commonly referred to as
A) palpitations.
B) booms.
C) unemployment.
D) business cycles.

Name: Fluctuations in production and employment are commonly referred to as A) palpitations. B) booms. C) unemployment. D) business cycles.
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

Business cycles refer to the fluctuations in economic activity that an economy experiences over a period, including periods of expansion (booms) and contraction (recessions), affecting production and employment levels.

Fluctuations in Production and Employment Are Commonly Referred to as