What is the pattern of short-term ups and downs in an economy called?
A)Business cycle
B)Economic fluctuations
C)Economic peaks and valleys
D)Business variations
E)Economic rhythms

Question

Quizplus · Accepted Answer

The correct answer is A: Business cycle. The business cycle refers to the pattern of short-term ups and downs in an economy, characterized by periods of expansion and contraction.

What Is the Pattern of Short-Term Ups and Downs in an Economy