Which of the following is NOT true about business cycles?
A) All business cycles have four distinct phases
B) The average length of a U.S.business cycle is about 60 months
C) Since 1960,the U.S.has experienced six complete business cycles
D) The last economic depression in the U.S.occurred in the 1930s
E) The turning points of a business cycle can be easily predicted
Correct Answer:
Verified
Q26: What is the result of a growing
Q27: Monetary theories of the business cycle postulate
Q28: Which of the following terms is used
Q29: Which group is responsible for announcing the
Q30: How do you calculate the average product
Q32: In an economy,100 workers can produce 500
Q33: What is technology?
A)The tools of production
B)The human
Q34: Which of the following is the best
Q35: Initially 10 workers produce 100 units of
Q36: Which of the following economists is associated
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents