Question: Question 1 0 Mark this question Which statement below about the business cycle is true? It is impossible to make generalized statements about the business
Question
Mark this question
Which statement below about the business cycle is true?
It is impossible to make generalized statements about the business cycle.
It tends to be in an overall state of recession.
Although it experiences periods of expansion and recession, overall, the trend is growing.
Although it goes up and down at times, overall, it remains const
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
