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krok68 [10]
3 years ago
10

The short-run fluctuations in economic activity that can cause output to be above or below the long-run trend are called:

Social Studies
1 answer:
monitta3 years ago
7 0

Answer:

Business Cycle

Explanation:

Business Cycle -

It refers to the upward or downward movement of the gross domestic product  , is known as business cycle.

It is also known as trade cycle.

These movement are short - run , i.e. , for very short time span .

Hence, from the given information of the question , the correct term is business cycle .

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