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zmey [24]
1 year ago
6

The recurrent ups and downs in the level of economic activity extending over several years are referred to as?

Business
1 answer:
balandron [24]1 year ago
7 0

The recurrent ups and downs in the level of economic activity extending over several years are referred to as business cycle.

<h3>What is Economic activity?</h3>

Economic Activity refers to the activity which involves the money transactions in the country through the sale and purchase of the goods and services.

Business cycle refers to the trade cycle which involves period of growth, recovery, recession and boom.

Hence, The business cycle is the recurring ups and downs in the level of economic activity that last several years.

Learn more about business cycle here:

brainly.com/question/4511868

#SPJ4

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company's perpetual preferred stock currently sells for $92.50 per share, and it pays an $8.00 annual dividend. If the company w
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Answer:

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