What is a business cycle? a) a dangerous time for all businesses b) the amount of time it takes businesses to produce its products. c) a period of increased economic growth d) a period of economic growth followed by economic contraction

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A business cycle is a period of economic growth followed by economic contraction.

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Asked 11/12/2010 9:23:03 AM

Updated 3/28/2017 1:28:12 PM

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Edited by yumdrea [3/28/2017 1:28:08 PM], Confirmed by yumdrea [3/28/2017 1:28:12 PM]

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which of the following is not a situation involving external shock? a) consumers reduce spending because they fear that their nation is going to war. b) consumers use more gasoline because of lower prices due to the discovery of large deposits of oil. c) consumers reduce spending on expensive goods because the country has gone to war. d) consumers pay high prices for corn becasue of a severe drought.

Weegy: b) consumers use more gasoline because of lower prices due to the discovery of large deposits of oil. User: what is a steady, long-term increase in real GDP referred to as? a) recession b) peak c) economic growth d) depression (More)

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Economic growth is a steady, long-term increase in real GDP.

Added 8/25/2021 2:15:23 PM

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Depression is a particularly deep resession with high levels of unemployment is the difference between a recession and a depression.

Added 1/17/2023 12:23:24 AM

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Weegy: A paperback book is an example of a nondurable good. (More)

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Updated 8/15/2019 9:18:36 AM

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which of the following is not a reason that capital deeping is an important source of eonomic growth? a) more investment funds are made available to businesses b) enhanced training pregrams improve the productivity or workers c) investment in human capital causes workers to be more valuable to emplyers d) more physical capital improves efficiency and productivity

Weegy: b) enhanced training pregrams improve the productivity or workers (More)

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Updated 7/29/2024 1:23:48 PM

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The following is not a reason that capital deeping is an important source of economic growth investment in human capital causes workers to be more valuable to employers.

Added 7/29/2024 1:23:44 PM

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____ occurs when the amount of capital per worker increases? a) recession b) aggragate supply c) gross domestic product d) capital deepening

Weegy: D. Capital deepening occurs when the amount of capital per worker increases. See: (More)

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