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2 years ago

Over the past one hundred years business cycles have become more severe. True or false

Law

2 answers:

Mrrafil [7]2 years ago

6 0

Answer:

True.

Business cycles have been becoming expansive and severe, mostly in the U.S.
The reason why it grows so much is because of the growth in the population, growth in the economy, and technological change.

I hope this helped at all.

Alex777 [14]2 years ago

3 0

Some economists suggest they are, while others suggest it's the other way around: Longer expansions lead to more severe recessions. ... The most recent US business cycle has been remarkable in both its recession and expansion phases.

A business cycle represents fluctuations in the economy around full-employment output, but an economy's full-employment output, often called potential GDP, can also change. It grows over time due to population growth, growth in the economy's capital stock, and technological change.

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