[Answer] 16. In which industry or sector of the economy is output least likely to be affected by the business cycle?

Answer: C. Agricultural commodities
16. In which industry or sector of the economy is output least likely to be affected by the business cycle?

The business cycle also known as the economic cycle or trade cycle are the fluctuations of gross domestic product (GDP) around its long-term growth trend. The length of a business cycle is the period of time containing a single boom and …

Some ecosystems are likely to be especially affected by climate change (e.g. coral reefs). In the long-term (beyond 2050) climate change may become the major driver for biodiversity loss globally. The socio-economic impacts of climate change are likely to be greatest in …

Business cycle – Wikipedia

Economic impact analysis – Wikipedia

Circular flow of income – Wikipedia

Macroeconomics – Wikipedia

In macroeconomics the secondary sector of the economy is an economic sector in the three- sector theory which describes the role of manufacturing.It encompasses the industries which produce a finished usable product or are involved in construction.. This sector generally takes the output of the primary sector (i.e. raw materials) and creates finished goods suitable for use by other businesses …

The Census Bureau releases sector -by- sector statistics on the number of establishments total business activity annual payroll and number of paid employees. A standardized classification of the economy into sectors makes it possible to compare census results over time.

An economic impact analysis (EIA) examines the effect of an event on the economy in a specified area ranging from a single neighborhood to the entire globe.It usually measures changes in business revenue business profits personal wages and/or jobs.The economic event analyzed can include implementation of a new policy or project or may simply be the presence of a bu…

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