3 years ago

ECONOMICS

2 answers:

6 0

The term economic cycle (or boom-bust cycle) refers to economy-wide fluctuations in production, trade, and general economic activity. From a conceptual perspective, the economic cycle is the upward and downward movements of levels of GDP (gross domestic product) and refers to periods of expansion and contraction in the level of economic activities (business fluctuations) around a long-term growth trend.

Zarrin [17]3 years ago

5 0

Answer: Tt’s c, gross domestic product is at its highest point

Explanation: Ap3x Approved

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