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 49 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
YES! Correct, THANKS for helping me on my review


helenmarkerine

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

For a complete list of videos, visit our video library