What does the U.S.business cycle experience suggest about periods of war?
A)the economy tends to boom during the period of war
B)after the war is over,the economy typically experiences a downturn
C)they are associated with good economic times
D)all of the above
E)none of the above

Question

Quizplus · Accepted Answer

Historically, the U.S. business cycle has shown that during periods of war, the economy often experiences a boom due to increased government spending and production demands. After the war, the economy typically faces a downturn as the heightened wartime economic activities slow down. Thus, wars are associated with both economic booms and subsequent downturns, making all of the provided statements correct.

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