Which of the following refers to business cyclesa, Ask an Expert

Economics

Which of the following refers to business cycles?

a. Variations in the economy that are all equal in intensity

b. Periodic but irregular variations in economic activity

c. Fluctuations in economic output that show a declining growth pattern over time

d. Period movements from one economic peak to another

e. Seasonal variations in the economy that occur every year

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91675137

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