Question

Which of the statements is the best description of a business cycle? the relationship between the returns on Treasury securities and the time to maturity the time it takes a firm to convert raw materials into a final good or service alternating periods of increasing and decreasing economic output a calendar year divided into four quarters, each containing three months

Answer 1

alternating periods of increasing and decreasing economic output

Step-by-step explanation:

The business cycle represent the boom and recession period. At the time of boom, the company earned huge profits while at the time of recession period this situation would be reverse that leads to rise and reduction in the economic output

Therefore according to the options given, the last second option is correct as it denotes the business cycle