A “boom-and-bust” cycle means
A) a cycle in capitalist economies where increases in economic growth are followed by subsequent loss in profits and jobs.
B) a cycle in capitalist economies where decreases in economic growth are followed by subsequent gains in profits and jobs.
C) a cycle in communist economies where increases in economic growth are followed by subsequent loss in profits and jobs.
D) a spike in economic growth followed by a leveling off of profit.
ANSWER
Answer: A
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