Question

Select the word that best fits the definition: Economic activity characterized by fluctuating levels of growth and decline

a. job security
b. interest rate
c. economy
d. business cycle

Answer 1

economy maybe because it has the word economic in it

Answer 2

Business cycle

Step-by-step explanation:

The business cycle can be known as economic cycle is the cycle in which the gross domestic product can be seen moving in upward and downward direction.

The length of this cycle is the period in which consists of single boom and contraction sequence.

It shows the fluctuating levels of growth and decline in the economy.