Business cycles in the United States:
A) Are similar in length but vary greatly in magnitude.
B) Vary greatly in length,frequency,and magnitude.
C) Are similar in frequency and magnitude.
D) Are similar in length and magnitude.

Question

Quizplus · Accepted Answer

Business cycles in the United States have varying lengths, frequencies, and magnitudes. They can range from short and mild to long and severe, with no consistent pattern. The causes of business cycles can also vary, including shifts in consumer and business confidence, changes in government policies, and global economic conditions. Therefore, choice B, which indicates that business cycles vary greatly in length, frequency, and magnitude, is the best answer.

Business Cycles in the United States