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zubka84 [21]
3 years ago
11

Notice that real GDP trends upward over time but experiences ups and downs in the short run. These short-run fluctuations in rea

l GDP are often referred to as the business cycle. True or false
Business
1 answer:
Oxana [17]3 years ago
7 0

Answer:

The correct answer is:

True

Explanation:

The business cycle is a model that let see how the GDP of a country changes through time. Business cycle is classified in four different stages peak, trough, contraction, and expansion. These kind of fluctuations normally occur in the trade, production and all the economic activity of a country. The business cycle refers to the changes or fluctuations that can be experienced in the economic model measured by the GDP (Gross Domestic Product) and it is reflected in the increases or decreases in economy.

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There can be many departments or just a few when _____ a business.
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<h3>What is Property Rights?</h3>

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2 years ago
If the reserve ratio is 15 percent, and banks do not hold excess reserves, and people hold only deposits and no currency, then w
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Answer:

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7 0
3 years ago
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Answer:

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