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)
Responses
the free enterprise system
the free enterprise system
consumer demand
consumer demand
a recession
a recession
a boom-and-bust cycle
Responses
the free enterprise system
the free enterprise system
consumer demand
consumer demand
a recession
a recession
a boom-and-bust cycle
Answers
GPT 3.5
boom-and-bust cycle