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What is a business cycle

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1. In 1948, the average price of a movie ticket was $0.36. The CPI in 1948 was 24.1, and the CPI today is 238.13. How does the price of a movie ticket in 1948 compare to the price of a movie ticket today?

2. What is a business cycle? When do we say one business cycle is complete?

Reference no: EM132476533

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