Author Question: Economic fluctuations or business cycles: a. measure changes in the total number of new businesses ... (Read 78 times)

moongchi · **on:** Jun 30, 2018

Economic fluctuations or business cycles:
a. measure changes in the total number of new businesses started during a year.
b. are fluctuations in the Dow Jones industrial average relative to a long-term growth trend.
c. look at the role played by business on the level of unemployment.
d. are fluctuations in the level of economic activity relative to a long-term growth trend.
e. are changes in government spending that occur over a period of time.

Question 2

What is the key feature shared by all oligopoly markets?
a. A large number of sellers.
b. Mutual interdependence.
c. Product differentiation.
d. Easy entry and exit.