Question
Which economic concept describes a period of rapid economic growth and profits followed
immediately by a period of decline in economic growth and profits? (1 point)
the free enterprise system
a boom-and-bust cycle
consumer demand
a recession
immediately by a period of decline in economic growth and profits? (1 point)
the free enterprise system
a boom-and-bust cycle
consumer demand
a recession
Answers
GPT 3.5
a boom-and-bust cycle