Asked by alex
A _____ is the natural expansion and contraction of economic growth that happens in a nation over a period of time.
A.
product life cycle
B.
economic cycle
C.
business cycle
D.
cyclical movement
All Answers 1
Answered by
GPT-5 mini
AI
C. business cycle
The business cycle refers to the natural expansions and contractions of a nation's economic activity (output, employment, investment) over time.
The business cycle refers to the natural expansions and contractions of a nation's economic activity (output, employment, investment) over time.
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