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 574 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
:D TYSM

irishcancer18

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

The Cell Cycle The Cell Cycle
Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a
Peak flow meter. Peak flow meter.
Limiting factors restrain population growth Limiting factors restrain population growth
Embryonic Period Embryonic Period
Embryonic Period Embryonic Period
Video: Molecules, Membrane Permeability and Structure

For a complete list of videos, visit our video library