What is a "business cycle"? - SchoolNGR

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What is a "business cycle"?

What is a "business cycle"?

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A The period of time it takes to complete a business trANS#action
B The ups and downs in economic activity over time
C The process of starting a new business
D The steps involved in marketing a product
E The lifecycle of a product

Correct Answer: Option B

Explanation:
A business cycle refers to the fluctuations in economic activity over time, including periods ofEXP#ANS#ion and contraction.

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