Boom and Bust Cycle Quick Check%0D%0A5 of 55 of 5 Items%0D%0A%0D%0AQuestion%0D%0AWhich economic concept describes a period of rapid economic growth and profits followed immediately by a period of decline in economic growth and profits?(1 point)%0D%0AResponses%0D%0A%0D%0Aa recession%0D%0Aa recession%0D%0A%0D%0Aa boom-and-bust cycle%0D%0Aa boom-and-bust cycle%0D%0A%0D%0Aconsumer demand %0D%0Aconsumer demand %0D%0A%0D%0Athe free enterprise system

%0D%0ACorrect Answer: a boom-and-bust cycle