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
The process of absorbtion of rain water by the soil on the earth is called infiltration. By this process, the rain water that falls on the soil becomes ground water.
The Big 12 Championship Game is a college football game held by the Big 12 Conference. The game will be played at AT&T Stadium in Arlington, Texas until at least 2021. The game was played each year since the conference's formation in 1996.
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