The fact that business cycles are recurrent but not periodic means that
A. the business cycle's standard contraction-trough-expansion-peak pattern has been observed to occur over and over again, but not at predictable intervals.
B. business cycles last a predetermined length of time, but do not all follow a standard contraction-trough-expansion-peak pattern.
C. business cycles occur at predictable intervals, but do not all follow a standard contraction-trough-expansion-peak pattern.
D. business cycles occur at predictable intervals, but do not last a predetermined length of time.
Answer: A
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A ________ makes investments in new start-up businesses
A) capital buyout fund B) sovereign wealth fund C) venture capital fund D) hedge fund
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