Answer:
Are ups and downs in the level of economic activity
Explanation:
Business cycles is defined as the various ups and downs in the economic activities of a particular nations. These ups and downs are generally measured by the fluctuations in the macro economic variables. These macro economic variables includes:
(i) Gross domestic product (GDP)
(ii) Employment
(iii) Rate of consumption
There are four major phases in the process of business cycle are as follows:
(i) Expansion
(ii) Peak
(iii) Contraction
(iv) Trough
The answer is increas taxes think bout it' if u decrease it would make it worse
<span>The largest cattle rancher in a given region will be unable to have a __________ when sufficient numbers of smaller cattle ranchers provide sources of competition.
Monoply
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