Which of the following is true about business cycles in the United States?
A)They are remarkably similar in length but vary greatly in intensity.
B)They vary greatly in length,frequency,and intensity.
C)They are similar in frequency and intensity but not in length.
D)They are similar in length,frequency,and intensity.

Question

Quizplus · Accepted Answer

Business cycles in the United States vary greatly in length, frequency, and intensity. While there is a general pattern of alternating periods of expansion and contraction, the length and severity of each cycle can be affected by various factors such as changes in government policies, consumer confidence, and global economic conditions.

Which of the Following Is True About Business Cycles in the United