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Home Q & A Board Other Fields Homework Help Business Economics
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johnpaul92 johnpaul92
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8 years ago
Persistence is
A) the tendency for declines in economic activity to be followed by further declines, and for growth in economic activity to be followed by more growth.
B) the idea that peaks and troughs of the business cycle occur at regular intervals.
C) the idea that the standard pattern of contraction-trough-expansion-peak occurs again and again in industrial economies.
D) the tendency of many economic variables to move together in a predictable way over the business cycle.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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8 years ago
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johnpaul92 Author
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#2
8 years ago
Appreciate your help, thank you again
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#3
8 years ago
Every little bit helps, right? Glad I solved your question
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