ECONOMICS
A business cycle is best described as: A. a repeated pattern of economic growth and decline. B. the growth of a business from its start through its peak. O C. a predictable period of economic hardship each year. D. the value of all goods and services produced in a year.

A business cycle is defined as a period of economic fluctuations and expansion that is followed by a time period of economic contraction. These modifications have significance for the general social welfare as well as for private organizations.

Therefore, option A is correct.

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ECONOMICS A business cycle is best described as: A. a repeated pattern of economic growth and decline. B. the growth of a business from its start through its peak. O C. a predictable period of economic hardship each year. D. the value of all goods and services produced in a year.​

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What is business cycle?

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ECONOMICS
A business cycle is best described as: A. a repeated pattern of economic growth and decline. B. the growth of a business from its start through its peak. O C. a predictable period of economic hardship each year. D. the value of all goods and services produced in a year.