Respuesta :
of the following examples, which one has little or no effect on labor productivity? the quality and quantity of available capital resources. the quality and quantity of available capital resources. technological change. technological change The frequency of business cycle.
Business cycles are essentially identified by the comovement of economic variables during each cycle phase and the alternating of phases of growth and contraction in overall economic activity. Real (i.e., inflation-adjusted) GDP, which measures aggregate output, as well as aggregate measures of industrial production, employment, income, and sales, which are the main coincident economic indicators used for the official determination of U.S. business cycle peak and trough dates, all represent aggregate economic activity. One common misunderstanding is that a recession is merely two quarters of real GDP drop. Notably, the real GDP fell in two successive quarters during neither the 1960–1961 nor the 2001 recessions.
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