Recurrent ups-downs in level of economic activity extending

Reference no: EM13700888

The recurrent ups and downs in the level of economic activity extending over several years are referred to as business cycles. What are the phases of this cycle and describe what occurs in each phase?

Reference no: EM13700888

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Recurrent ups-downs in level of economic activity extending : The recurrent ups and downs in the level of economic activity extending over several years are referred to as business cycles. What are the phases of this cycle and describe what occurs in each phase?

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