CFA Practice Question

There are 539 practice questions for this study session.

CFA Practice Question

The business cycle is the ______.
A. term used to describe fluctuations in output around its long-term trend
B. length of time required by a firm to buy inputs and produce and sell output
C. pattern of increases and decreases in the money supply
Explanation: Business cycles are a fundamental feature of market economies, but their amplitude and length varies considerably.

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