Question: A business cycle is: Multiple choice question. an alternation between economic upturns and downturns a period in which output and employment are falling a period

A business cycle is: Multiple choice question. an alternation between economic upturns and downturns a period in which output and employment are falling a period in which output and employment are rising a very deep and prolonged economic downturn

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2. Find out if there are other reference points that can be used as reasonable alternatives.

1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.