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What is the business cycle?

Updated: 8/22/2023
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Wiki User

7y ago

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A recurring cycle of booms and busts, recoveries and recessions

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Stanford Davis

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3y ago
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7y ago

Answer is: [A recurring cycle of booms and busts, recoveries and recessions] (Go Apex Kids;)

Business cycle (trade cycle) refers to the fluctuations in economic activities due to the changes in the economic variables like employment, income, output, prices etc.

The definition of a business cycle is " a cycle or series of cycles of economic expansion and contraction."

a period of economic growth followed by economic contraction (gp)

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Wiki User

10y ago

The business cycle refers to refers to economy-wide fluctuations in production, trade, and economic activity in general over several months or years in an economy organized on free-market principles.

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micropiano21

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1y ago

The repeated rise and fall of economic output over time (apex)

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Wiki User

9y ago

The business cycle might best be described as expansion followed by recession. A business cycle is the fluctuations in the economic activity.

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Wiki User

15y ago

A recurring cycle of booms and busts, recoveries and recessions

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Wiki User

13y ago

Fluctuations in the economy tend to follow a general pattern that is commonly referred to as the business cycle.

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MeGustaCulo

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4y ago

a period of economic growth followed by economic contraction

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Q: What is the business cycle?
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