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omeli [17]
3 years ago
11

How 4 phases effect the key economic business cycle​

Law
1 answer:
stich3 [128]3 years ago
5 0

Answer:C

Explanation:The four stages of the economic cycle are also referred to as the business cycle. These four stages are expansion, peak, contraction, and trough. During the expansion phase, the economy experiences relatively rapid growth, interest rates tend to be low, production increases, and inflationary pressures build.

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