Question

Which of the following is not a characteristics of business cycle? a) Business cycle occur periodically though they do not exhibit the same regularity b) Business cycles have uniform characteristics and causes c) Business cycle are contagious and unpredictable​

Answer 1

Business cycles occur periodically though they do not exhibit the same regularity.

Explanation:

• A  business cycle has many fluctuations and it depends on the economic condition of a country.
• The business cycle consists of recessions and expansions.
• Due to fluctuation in economic activities, the business cycle occurs repeatedly.
• The sequence of changes that take place in the business cycle occurs again and again but are not periodic in nature.