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Summarize the different phases of the business cycle.

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Question

The business cycle represents the short-term changes experienced in the economy due to changes in levels of economic activity.

- Summarize the four different phases of the business cycle.

- Offer real-life events that you've experienced or researched,?as examples for 1 to 2 phases of your choice.

- Share the impact that you, your company, or others around you experienced.

- Based on that impact, what corrective action(s) should be taken?

Reference no: EM133399222

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