Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Get quick and reliable solutions to your questions from a community of experienced experts on our platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

An economy grows, reaches a peak, then begins a downturn, followed by a period of negative growth (a contraction), that ends in a trough before the next upturn. These ups and downs in an economy are often referred to as __________. booms contractions business cycles recession and inflation

Sagot :

These ups and downs in an economy are often referred to as "business cycles". These cycles are to be expected and don't cause great alarm for economists or investors.

Answer:

C. business cycles

Explanation:

for my plato peoples

hope this helps