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Upward and downward changes in aggregate economic activity, as measured by GDP, are called: Group of answer choices

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ayfat23

Upward and downward changes in aggregate economic activity, as measured by GDP, are called Business cycles.

What is  Business cycles?

Business cycles can be regarded as the  cyclical upswings as well as the downswings that is been used in in the  broad measures of economic activity.

Therefore, Business cycles is Upward and downward changes in aggregate economic activity, as measured by GDP.

Learn more about Business cycles at:

https://brainly.com/question/22560632

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