Maggie called her insurance agent after estimating the damages. She had already spent $2,000 on pumping out the water and repairing the hot water heater, which had corroded in places. The agent was polite. He had been getting hundreds of similar calls. . . .

"Ma'am, I'm sorry, but according to our records, you do not have flood insurance protections in your policy."

What is most likely to happen to Maggie? Check all that apply.

Her insurance company will eventually pay the damages.
She may have to pay thousands of dollars to repair and replace her possessions.
She will convince the insurance company that she has flood coverage.
She may lose her home.
She may go into debt.

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.

Yes it is why ..