#965201

#965201: Business Cycles all display the following characteristics except

Business Cycles all display the following characteristics except
Варианты ответа:
  • a period of expansion followed by one of contraction.
  • comovement of many economic variables.
  • rising prices during an expansion and falling prices during the contraction.
  • they last a period of one to twelve years.

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Тематика: Макроэкономическая нестабильность. Инфляция и безработица Национальная экономика Основные макроэкономические показатели
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The trough of a business cycle occurs when hits its lowest point. Short-run contractions and expansions in economic activity are called The low point in the business cycle is referred to as the When aggregate economic activity is increasing, the economy is said to be in The high point in the business cycle is referred to as the