Which of these phrases best describes the business cycle?
A) The process of creating policy for businesses, beginning with agenda setting and ending with evaluating the policy's effect on the business's bottom line
B) A recurring cycle of booms and busts, recoveries and recessions
C) A system of managing the economy by increasing or decreasing the supply of money
D) A system of managing the economy by increasing or decreasing federal expenditures
A) The process of creating policy for businesses, beginning with agenda setting and ending with evaluating the policy's effect on the business's bottom line
B) A recurring cycle of booms and busts, recoveries and recessions
C) A system of managing the economy by increasing or decreasing the supply of money
D) A system of managing the economy by increasing or decreasing federal expenditures
Answer & ExplanationAnswer: B) A recurring cycle of booms and busts, recoveries and recessions
Aptitude and Reasoning
General Knowledge
Puzzles
Interviews
Technical
Certifications
Exams
Job
Roles
True or False
Exams