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Question
this is a graph of the business cycle. time is measured along the x - axis. what is measured along the y - axis? employment levels prices economic output demand
Brief Explanations
The business - cycle graph typically shows fluctuations in economic activity over time. Economic output is the most common variable measured on the y - axis as it represents the overall production of goods and services in an economy, which rises and falls during different phases of the business cycle.
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C. economic output