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1. Business cycles a. are explained mostly by fluctuations in corporate profits. b. no longer are very important due to government policy. c. are fluctuations in real GDP and related variables over time. d. All of the above are

1.     Business cycles 

a.      are explained mostly by fluctuations in corporate profits.

b.     no longer are very important due to government policy.

c.      are fluctuations in real GDP and related variables over time.

d.     All of the above are correct.


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1. Business cycles a. are explained mostly by fluctuations in corporate profits. b. no longer are very important due to government policy. c. are fluctuations in real GDP and related variables over time. d. All of the above are
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