Kangaroo company had a transaction that caused a $5,000 increase in both assets and total liabilities. this transaction could have been a(n) . purchase of office equipment for $5,000 cash repayment of a $5,000 bank loan b. purchase of office equipment for $12,000, paying $7,000 cash and issuing a note payable for the balance c. investment of $5,000 cash in the business by the stockholdersd. repayment of a $5,000 bank loan.

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.