Question

Business cycles a are more volatile since the end of the Great Recession. b follow a pattern of trough, expansion, peak, and recession. c are predictable due to political upheavals and global markets. d are all identical in duration over the last century.

Answer 1

Business cycles b. follow a pattern of trough, expansion, peak, and recession.

What are business cycles?

Business cycles have different stages and follow a certain pattern for the most part.

This pattern includes going through a trough (depression) and then an expansion, a peak, and then a recession which will lead to the economy declining in productivity.

Find out more on business cycles at https://brainly.com/question/26086110

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