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 503 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
YES! Correct, THANKS for helping me on my review

kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Rapid population growth of geese has resulted in extensive areas of La Perouse Bay becoming d Rapid population growth of geese has resulted in extensive areas of La Perouse Bay becoming d
Seasonal changes in biomass and growth form of benthic algae in the Eel River, California: (a) in ea Seasonal changes in biomass and growth form of benthic algae in the Eel River, California: (a) in ea
60-cycle interference. 60-cycle interference.
Policies on fertility and population growth Policies on fertility and population growth
Life Cycle Nutrition: Toddlers through the Later Years Life Cycle Nutrition: Toddlers through the Later Years
Embryonic Period - 7th week Embryonic Period - 7th week
Video: Role of complement proteins

For a complete list of videos, visit our video library