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What are some common traits of the business cycle?

Updated: 11/21/2022
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EncofBizandFinance

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13y ago

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They were national or international in scope; they affected output, employment, retail sales, construction, and other macroeconomic variables; and they lasted for years, with upward movement longer than downward movement.

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13y ago
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Q: What are some common traits of the business cycle?
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