QuestionAugust 1, 2025

Question 2 of 10 What is a business cycle? A. The decline of production during periods of economic difficulty B. The value of the goods and services produced in a country C. The repeated rise and fall of economic output over time D. The growth of a business from its start through its peak

Question 2 of 10 What is a business cycle? A. The decline of production during periods of economic difficulty B. The value of the goods and services produced in a country C. The repeated rise and fall of economic output over time D. The growth of a business from its start through its peak
Question 2 of 10
What is a business cycle?
A. The decline of production during periods of economic difficulty
B. The value of the goods and services produced in a country
C. The repeated rise and fall of economic output over time
D. The growth of a business from its start through its peak

Solution
4.1(211 votes)

Answer

C. The repeated rise and fall of economic output over time Explanation 1. Identify the definition of a business cycle A business cycle refers to the fluctuations in economic activity that an economy experiences over a period, characterized by periods of expansion and contraction.

Explanation

1. Identify the definition of a business cycle<br /> A business cycle refers to the fluctuations in economic activity that an economy experiences over a period, characterized by periods of expansion and contraction.
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