An erratic short-run fluctuation in economic activity around the long-run trend is called a business cyclE.
Correct Answer:
Verified
Q87: Expectations about the future influence the economic
Q88: Between 1960 and the mid-1990s,the American economy
Q89: Economists consider economic growth as a short-run
Q90: The components of the Index of Leading
Q91: U.S.economic growth rates in the 1990s have
Q93: Even small differences in growth rates can
Q94: In the U.S.,the official dates for each
Q95: During the past three decades,the U.S.economy experienced
Q96: The U.S.economy has never experienced a year
Q97: Given modern data collection techniques,it is very
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