Which of the following is NOT true regarding competitive markets?

a) Successfully globalized economies strive to attain competitive markets at home.
b) Antitrust laws must be eliminated if competitive markets re to be sustained.
c) Regulations that promote free domestic markets also tend to promote globalization.
d) Antitrust laws interfere with the natural growth of successful businesses.
e) Governments try to minimize the role of state-owned enterprises in market economies.

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.

The correct answer would be story

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