asked 224k views
3 votes
It is normal for the economy to go through cycles of expansion and recession. True Fals

1 Answer

3 votes
Yes, it is normal for the economy to go through cycles of expansion and recession, since this is called he "business cycle". It is not normal, however, for recessions to turn into depressions.
answered
User Taylorthurlow
by
8.1k points

Related questions

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.