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1 year ago

The phase of the business cycle at which real domestic output is at minimum during a cycle is called:_______

Business

1 answer:

Igoryamba1 year ago

6 0

The phase of the business cycle at which real domestic output is at a minimum during a cycle is called the trough

This is further explained below.

<h3>What is the business cycle?</h3>

Generally, The term "business cycle" refers to the persistent upswings and downswings in broad indices of economic activity, such as production, employment, income, and sales.

Business cycles may last for a number of years. The expansionary and contractive stages of the business cycle are the phases that alternate with the other.

In conclusion, The trough is the point in the economic cycle that marks the point at which real domestic production has fallen to its lowest point during that particular cycle.

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Answer:

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Explanation:

Based on the information given about Zeke who is the employer , Gavin the employee and the formal employee who was dismissed The statement that would prove that Zeke the employer made a faulty decision is that Both an employee and the former or ex employee can raised a grievance reason been that settling dispute due to Grievance at a place of work can only take place with a current employee and not a formal employee , ex employee or a dismissed employee.

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3 years ago

Suppose a flood changes the production capacity in a country. How would you represent this situation with a production possibili

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2 years ago

Suppose a stock had an initial price of $54 per share, paid a dividend of $1.30 per share during the year, and had an ending sha

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3 years ago