Which of the following completes the argument against deregulation of U. S. banks that began with the phrase: "if banks competed to pay higher rates of interest"? a. they might also compete to make riskier loans, potentially imperiling the safety of the banking system.
b. they might also compete to make less riskier loans, potentially imperiling the U. S consumer's reliance on credit.
c. they will end up playing a large role in setting the regulations that they will follow.

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.

Answer consumption and investment; net exports       (or)                           real interest rate ; ; ; ///   exchange rate;