This topic contains a solution. Click here to go to the answer

Author Question: A business cycle peak is a A) small positive deviation from trend in real GDP. B) relatively ... (Read 54 times)

bb

  • Hero Member
  • *****
  • Posts: 544
A business cycle peak is a
 
  A) small positive deviation from trend in real GDP.
  B) relatively large positive deviation from trend in real GDP.
  C) small negative deviation from trend in real GDP.
  D) relatively large negative deviation from trend in real GDP.

Question 2

The defining feature of business cycles is that they
 
  A) are inherently bad.
  B) represent the underlying trend of real GDP in the economy.
  C) are fluctuations about trend in real GDP.
  D) measure prospects for future growth in the economy.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

carojassy25

  • Sr. Member
  • ****
  • Posts: 299
Answer to Question 1

B

Answer to Question 2

C




bb

  • Member
  • Posts: 544
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

For a complete list of videos, visit our video library