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Author Question: What constitutes a business cycle? What will be an ideal response? (Read 54 times)

skymedlock

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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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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
Great answer, keep it coming :)


milbourne11

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Reply 3 on: Yesterday
Wow, this really help

 

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