Question

question 9
1 pts
the business cycle depicts
fluctuations in the general price level.
the phases a business goes through from when it first opens to when it finally closes.
the evolution of technology over time.
short-run fluctuations in output and employment.

Explanation:

The business cycle refers to the alternating periods of economic expansion and contraction. It is mainly about short - term (short - run) changes. Fluctuations in the general price level are more related to inflation or deflation concepts. The phases a business goes through from opening to closing is about an individual business's life cycle, not the macro - economic business cycle. The evolution of technology over time is a long - term trend and not the core of the business cycle. The business cycle specifically focuses on short - run fluctuations in economic output (such as GDP) and employment levels.

Answer:

short - run fluctuations in output and employment.