All of the following are characteristics of short-term economic fluctuations EXCEPT:
A) expansions and recessions are felt throughout the economy.
B) expansions and recessions are irregular in length and severity.
C) unemployment rises during recessions.
D) durable-goods industries are less sensitive to short-term fluctuations than service and non-durable industries.
Correct Answer:
Verified
Q23: Typically unemployment _ during a recession and
Q24: The duration of an expansion is from:
A)
Q25: The dates of the "official" peaks and
Q26: Recessions begin at _ and end at
Q28: Since 1925, the longest expansion in the
Q29: Since 1925, the longest recession in the
Q30: Falling growth rates during the 2007-2009 recession
Q31: The increase in unemployment during a recession
Q32: Among the most important indicators used by
Q50: Short-term economic fluctuations are _ in length
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