What constitutes a business cycle? What will be an ideal ...

[skymedlock]

Question 1

Does the existence of government regulatory bodies guarantee that casinos stay clean of unsavory elements?
 
  What will be an ideal response?

Question 2

What constitutes a business cycle?
 
  What will be an ideal response?

[BAOCHAU2803]

Answer 1

The problem now is not with the gaming companies but the possible corruption of the regulators who oversee the industry and award licenses.

Answer 2

Business cycles are alternating increases and decreases in the level of business activity as measured by real (inflation-adjusted) gross domestic product. Expansions occur when real GDP is rising while recessions occur when the real GDP has declined for at least two consecutive quarters.

[skymedlock]

Thanks for the timely response, appreciate it

[elyse44]

Gracias!