The business cycle is measured by the
A)production of goods and services.
B)number of people employed.
C)the interest rate.
D)Both a and b are correct.

Question

Quizplus · Accepted Answer

The business cycle is measured by changes in the production of goods and services, as well as fluctuations in the employment level. The interest rate can also be a factor that affects the business cycle, but it is not typically used as the primary measure. Therefore, both options A and B are correct.

The Business Cycle Is Measured by the