Which of the following is true about business cycles?
A) They all have the same approximate length.
B) Every cycle is unique.
C) Each recession causes the same amount of unemployment.
D) The intensity tends to be constant from recession to recession, but the duration differs.
Correct Answer:
Verified
Q43: When a recession gets under way
A) firms
Q44: The National Activity Index was developed by:
A)
Q46: We are most likely to see a
Q47: The Leading Economic Index is produced by:
A)
Q49: Which organization determines the beginning and end
Q50: The National Activity Index:
A) is a weighted
Q94: The _ is a weighted average of
Q127: Which is NOT a criticism of the
Q185: When the National Activity Index is at
Q222: The "business cycle" refers to
A) short-run fluctuations
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents