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valentina_108 [34]
3 years ago
11

Define business cycle

Business
2 answers:
dmitriy555 [2]3 years ago
4 0

Answer:

The business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product around its long-term growth trend. The length of a business cycle is the period of time containing a single boom and contraction in sequence.

Explanation:

melisa1 [442]3 years ago
3 0
The business cycle is the fluctuation in economic activity
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