These are all True/False Questions1.Troughs in the business cycle identify points at which economic activity begins to decline.2 Economic expansion is reflected in the business cycle as the period between a trough and a peak.3. A major cause of the business cycle is thought to be changes in business spending on capital investments and consumer spending on durable goods.4 During a recessionary period, plant capacity is fully utilized.5. An increase in unemployment claims over several months is likely to indicate a recessionary period.6. An increase in unemployment claims over several months is likely to indicate a recessionary period.7. An increase in unemployment claims over several months is likely to indicate a recessionary period.8. An increase in unemployment claims over several months is likely to indicate a recessionary period.9. An increase in unemployment claims over several months is likely to indicate a recessionary period.10. An increase in unemployment claims over several months is likely to indicate a recessionary period.11. An increase in unemployment claims over several months is likely to indicate a recessionary period.
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