Asked by Tamra Lewis on Sep 26, 2024

verifed

Verified

Business cycles have predictable ____ but variable ____.

A) impact; structure
B) structure; timing
C) outcomes; inputs
D) effects; phases
E) timing; impact

Business Cycles

Periods of economic expansion and contraction experienced by an economy over time, marked by changes in GDP, employment, and other economic indicators.

Predictable Impact

The anticipated effect or outcome of a specific action or event, based on prior knowledge or patterns.

Variable Timing

A scheduling strategy that allows for flexibility in the timing of tasks, events, or operations, often to accommodate changes or unforeseen variables.

  • Understand the concept and phases of business cycles, including their predictable and variable elements.
verifed

Verified Answer

MR
Meghan Romines2 days ago
Final Answer :
B
Explanation :
Business cycles have a predictable structure, as they typically move through phases of expansion, peak, contraction, and trough. However, the timing of these cycles is variable and difficult to predict accurately.