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Bumek [7]
1 year ago
14

Business cycles examine ______________ time horizons, while growth theory focuses on _____________ time horizons.

Business
1 answer:
Yuri [45]1 year ago
4 0

Growth theory focuses on long run time horizons, whereas business cycles investigate short run time spans.

What is short run and long run in business cycle?

  • Each nation’s economy varies between periods of extension and contraction.
  • These changes are caused by levels of business, efficiency, and the whole request for and supply of the nation’s products and administrations.
  • In the short-run, these changes lead to periods of development and retreat.
  • But within the long-run, financial development can happen, permitting a country to extend its potential level of yield over time.
  • Business cycles regularly care around short-term vacillations within the economy, that's five a long time or less.
  • While growth hypothesis is more long-term arranged, they center on the long term enhancement of the economy.
  • The time skyline for that's more than five a long time.

To know more about short run and long run visit:

brainly.com/question/12350609?

#SPJ4

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