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Question
pregunta 17 (2 puntos)
the ____ refers to the periodic ups and downs of economic activity in an economy.
a inflation rate
b economic growth
c business cycle
d gdp cycle
pregunta 18 (1 punto)
per capita simply means ____.
a per family
b per city
c per country
d per person
Pregunta 17: The business cycle is defined as the recurring pattern of expansion and contraction (ups and downs) in overall economic activity.
Pregunta 18: "Per capita" is a term derived from Latin, directly translating to "per head," which means per individual person in economic and statistical contexts.
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Pregunta 17: c. business cycle
Pregunta 18: d. per person