The long-run trend in business activity is
A) downward.
B) constant.
C) upward.
D) such that it cannot be described as a trend.

Question

Quizplus · Accepted Answer

The long-run trend in business activity is generally considered to be upward as economies grow over time due to various factors such as technological advancement, population growth, and increasing access to resources. While there may be short-term fluctuations and periods of economic contraction, the overall trend has shown growth over time.

The Long-Run Trend in Business Activity Is