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Author Question: What constitutes a business cycle? What will be an ideal response? (Read 46 times)

skymedlock

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on: Sep 11, 2019

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?


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BAOCHAU2803

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Reply #1 on: Sep 11, 2019

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

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Reply 2 on: Sep 11, 2019
Thanks for the timely response, appreciate it

Dominic

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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