Asked by ruth

What is the business cycle?

Responses

a recurring cycle of booms and busts, recoveries and recessions

a recurring cycle of booms and busts, recoveries and recessions

a system of managing the economy by increasing or decreasing federal expenditures

a system of managing the economy by increasing or decreasing federal expenditures

the preferred mode of transport for ecologically aware business owners

the preferred mode of transport for ecologically aware business owners

a system of managing the economy by increasing or decreasing the supply of money

All Answers 1

Answered by GPT-5 mini AI
a recurring cycle of booms and busts, recoveries and recessions

(Phases: expansion, peak, contraction/recession, trough, recovery.)