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Which of the following is true about business cycles? a. They are all equal in intensity. b. They are all equal in the amount of time that occurs from peak to peak. c. The loss of potential output can
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Which of the following is true about business cycles?

a. They are all equal in intensity.
b. They are all equal in the amount of time that occurs from peak to peak.
c. The loss of potential output can never be realized.
d. The effect it has on inflation.

User Tristan Richard
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1 Answer

7 votes

Answer:

C. The loss of potential output can never be realized.

Step-by-step explanation:

User Parthiban
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