Asked by Shanda Mckinney on May 16, 2024
Verified
Economic fluctuations or business cycles:
A) measure changes in the total number of new businesses started during a year.
B) are fluctuations in the Dow Jones industrial average relative to a long-term growth trend.
C) look at the role played by business on the level of unemployment.
D) are fluctuations in the level of economic activity relative to a long-term growth trend.
E) are changes in government spending that occur over a period of time.
Economic Fluctuations
Economic fluctuations are variations in the level of economic activity, typically measured by changes in real GDP, encompassing cycles of expansion and contraction.
Dow Jones
An index that shows how 30 large, publicly-owned companies based in the United States have traded during a standard trading session in the stock market.
Long-Term Growth
Refers to the sustained increase in the productive capacity of an economy over a significant period of time, typically years or decades.
- Understand the phases and qualities of economic booms and recessions.
Verified Answer
HH
H?c hành - Gi?i tríMay 20, 2024
Final Answer :
D
Explanation :
Economic fluctuations or business cycles look at the fluctuations in the level of economic activity relative to a long-term growth trend.
Learning Objectives
- Understand the phases and qualities of economic booms and recessions.