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Business, 15.11.2019 19:31 Desinfektionsmittel

What is a business cycle? group of answer choices
a. it is a firm's pattern of sales during a given year.
b. it is the economy's pattern of fluctuations in economic activity: expansion followed by contraction and then by another expansion.
c. it is the seasonal pattern of fluctuations in consumer spending: increased spending during the holiday season and decreased spending at other times of the year.
d. it refers to the peaks and troughs in the demand for luxury goods in a country.

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What is a business cycle? group of answer choices
a. it is a firm's pattern of sales during...
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