Refers to business cycles

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Reference no: EM13981370

Which of the following refers to business cycles?

a. Variations in the economy that are all equal in intensity

b. Periodic but irregular variations in economic activity

c. Fluctuations in economic output that show a declining growth pattern over time

d. Period movements from one economic peak to another

e. Seasonal variations in the economy that occur every year

Reference no: EM13981370

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