s/mo D S/ VIew.php?id=42 72788 ing 14/2017 11:55PM 0 0 12/12/2017 11:03 AM on 9

Question

s/mo D S/ VIew.php?id=42 72788 ing 14/2017 11:55PM 0 0 12/12/2017 11:03 AM on 9 of 76 Sapling Learning The statements below refer to business cycles. Classify each as either true or false by placing it in the appropriate bin True False The point at which an economy turns from contraction to expansion is Unemployment is typically Economic growth is typically increasing in the time steady and occurs without many called a business-cycle depression. leading up to a peak.short term fluctuations between expansion and contraction. It's possible that the economic output associated with a nation's most recent business-cycle trough is higher than the economic output associated with an earlier business-cycle peak. Recessions are related to GDP and therefore are unrelated to business cycles. The point at which an economy turns from expansion to contraction is called a business-cycle peak O Previous O NundSave

Explanation / Answer

If we number the statements given from 1 to 6 wherein

1 : The point at which economy...Depression

2 : Unemployment is typically...

3 : Economic Growth is typically...

4 : It's possible that the economic...

5 : Recessions are related to GDP...

6 : The point at which an economy...peak

Then TRUE statements are :

1, 4, 6

and FALSE ones are :

2, 3, 5

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