You are hopelessly in debt, and you have no chance of paying your bills. You
have talked with a good debt counseling service, and the service says you should
file for the type of bankruptcy that will allow you to "discharge" your debts. Which
type of bankruptcy should you file?
A. Chapter 13 bankruptcy.
B. Chapter 13 bankruptcy for only your unsecured debt.
C. Chapter 7 bankruptcy.
D. Chapter 7 bankruptcy for only your secured debt.

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.