What is the business cycle?

Answer 1

A recurring cycle of booms and busts, recoveries and recessions

Answer 2

Answer is: [A recurring cycle of booms and busts, recoveries and recessions] (Go Apex Kids;)

Business cycle (trade cycle) refers to the fluctuations in economic activities due to the changes in the economic variables like employment, income, output, prices etc.

The definition of a business cycle is " a cycle or series of cycles of economic expansion and contraction."

a period of economic growth followed by economic contraction (gp)

Answer 3

The business cycle refers to refers to economy-wide fluctuations in production, trade, and economic activity in general over several months or years in an economy organized on free-market principles.

Answer 4

The repeated rise and fall of economic output over time (apex)

Answer 5

The business cycle might best be described as expansion followed by recession. A business cycle is the fluctuations in the economic activity.

Answer 6

A recurring cycle of booms and busts, recoveries and recessions

Answer 7

Fluctuations in the economy tend to follow a general pattern that is commonly referred to as the business cycle.

Answer 8

a period of economic growth followed by economic contraction