The term "business cycle" refers to ________.
A) the periodic increases and decreases of the economy
B) the periodic purchases of goods and services by the government
C) the increases and decreases in the rate of inflation
D) the periodic growth of the Federal Reserve system
E) the periodic increases and decreases in the GDP due to seasonal factors
Correct Answer:
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Q36: The government allows _ companies to operate
Q37: The gross domestic product (GDP)measures _.
A) the
Q38: A rise in the general level of
Q39: _ occurs when there are many buyers
Q40: The gross national product (GNP)measures _.
A) the
Q42: The government determines the appropriate level of
Q43: Why does the U.S.Bureau of Labor Statistics
Q44: What does the monthly consumer price index
Q45: _ unemployment measures unemployment caused by lack
Q46: The producer price index tracks the average
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