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In a typical business cycle what stage immediately follows a peak?
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∙ 9y ago
contraction
Sister Little
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The simple answer to this questions is False. In economics you learn the ideal of a business cycle, which is the layout for economic cycles. The cycle represents a wave in a visual representation. A peak or boom is the point at which the GDP is maximized; this is then followed by a recession where the GDP is in decline. To follow the recession you have a trough cycle, which is the point where GDP is minimized. To follow the trough you have a recovery cycle where the GDP is in incline to the point of the peak or boom. So to answer the question in an economic business cycle term an expansion follows a trough in the economy and actually leads to a peak or boom.
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The components of the business cycle is Prosperity, Recession, and depression.
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Explain the origin of the defect distribution in a typical software development life cycle.?
In which phase of the cell cycle follows mitosis?
cytokinesis
What is the usual length of a business cycle?
mostly it varies but one usual length of business cycle is recession,fiscal recovery,growth and decline.when business go through all these its business cycle complete
