Business cycles areSelect one a irregular variations that don’t follow any regular

Question

Business cycles are

Select one:

a. irregular variations that don’t follow any regular

pattern.

b. variations in economic activity that occur regularly each year.

c. variations in economic activity that occur every few years but are not regular or periodic.

d. expansions and contractions in economic activity that occur over long periods of time (50 to 100 years).

Microeconomics