Explain the different approaches to the trade cycle

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  1. List and explain the different approaches to the trade cycle.
  2. Which one do you find more helpful explaining the trade cycle? Why?
  3. Pick one of the 16 points from the Austrian theory of the trade cycle and relate it to recent economic events in the macro economy.
  4. What difference could this information make when you apply them to your daily life and career?

Reference no: EM132401134

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