Business cycles are likely to persist in the future.

Question

Quizplus · Accepted Answer

Business cycles, which refer to the predictable fluctuation of economic activity, are likely to persist in the future as they have in the past. While there may be variations in the duration and severity of these cycles, economic growth and recession are expected to continue to occur in cycles. This is due to a variety of factors, including shifts in consumer and investor behavior, fluctuations in global trade and market conditions, and shifts in government policies and regulations. Therefore, it is reasonable to assume that business cycles will continue to play a significant role in shaping the economy in the future.

Business Cycles Are Likely to Persist in the Future