Business cycles are a. movements in stock prices. O b. the transfer of executives between firms. c. movements of GDP above or below trends. d. a description of the time required to bring a new product to market.

Business cycles are a. movements in stock prices. O b. the transfer of executives between firms. c. movements of GDP above or below trends. d. a description of the time required to bring a new product to market.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter20: Economic Growth

Section: Chapter Questions

Problem 31CTQ: As technological change makes us more sedentary and food costs increase, obesity is likely. What...

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Please explain this

Business cycles are
a. movements in stock prices.
b. the transfer of executives between firms.
c. movements of GDP above or below trends.
O d. a description of the time required to bring a new product to market.

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