What term do economists use for the pattern of short-term expansions and contractions in the economy?
A) business cycle
B) aggregate output
C) standard of living
D) consumer price index
E) purchasing power parity

Name: What term do economists use for the pattern of short-term expansions and contractions in the economy? A) business cycle B) aggregate output C) standard of living D) consumer price index E) purchasing power parity
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Question

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A)Short-term ups and downs are referred to as the business cycle.

What Term Do Economists Use for the Pattern of Short-Term