Economic fluctuations (or business cycles)
A)are changes in the number of businesses started
B)are fluctuations in the Dow Jones industrial average relative to a long-term growth trend
C)look at the role of business in the hiring resources
D)are fluctuations in the level of economic activity,relative to a long-term growth trend
E)are changes in government spending that occur over a period of years

Question

Quizplus · Accepted Answer

Economic fluctuations refer to changes in the level of economic activity over time, relative to a long-term growth trend. This includes fluctuations in measures such as gross domestic product, employment rates, and inflation.

Economic Fluctuations (Or Business Cycles)