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economic activity characterized by fluctuating levels of growth and decline
economic activity characterized by fluctuating levels of growth and decline
Answer
In general, any economic activity that sees fluctuating levels of growth and decline is characterized by "volatility".
High volatility means that there are drastic changes between the highs and lows, while low volatility means these highs and lows are closer together and more stable.
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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017
This 20 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 232 views.