Explain why do we consider a business-cycle expansion

Reference no: EM13239778

why do we consider a business-cycle expansion different from long-run economic growth? why do we care about the size of the long-run growth rate of real GDP versus the size of the growth rate of the population?

Reference no: EM13239778

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Explain why do we consider a business-cycle expansion : why do we consider a business-cycle expansion different from long-run economic growth why do we care about the size of the long-run growth rate of real GDP versus the size of the growth rate of the population

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