This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The period of declining growth in real GDP, between the peak of the business cycle and the trough, ... (Read 575 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
on: Jun 30, 2018
The period of declining growth in real GDP, between the peak of the business cycle and the trough, is called the:
 a. contractionary phase.
  b. boom.
 c. expansionary phase.
  d. static phase.

Question 2

Economists use the term business cycle to refer to:
 a. the growth of small businesses into major corporations.
 b. qualitative changes in products resulting from improved technology.
  c. fluctuations in economic activity, measured by GDP or unemployment.
  d. periods of increase or decrease in the rate of inflation.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

firehawk60

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


EY67

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
Excellent

alexanderhamilton

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Carbon Cycle Carbon Cycle
krebs cycle krebs cycle
The early stages of the human life cycle. The early stages of the human life cycle.
Intracellular relationships involving the glyoxylate cycle in plant cells Intracellular relationships involving the glyoxylate cycle in plant cells
Embryonic Period Embryonic Period
The three-step cycle of PCR The three-step cycle of PCR
Video: Cataract

For a complete list of videos, visit our video library