Exist due to ups downs recurring after a period from time to time but may not be uniformly periodic.
Are a result of unforeseen and unpredictable forces that operate in a random manner.
Take place due to rhythmic forces that operate in a regular and periodic manner.
Show the tendency of data to increase, decrease, or stagnate over a long period.
Show Solution
The Correct Option isA
Solution and Explanation
Cyclical variations are fluctuations resulting from economic cycles or related influences. These variations are recurrent, but their exact timing and intensity can be unpredictable.