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A reduction in consumer demand resulting from inflation.
What else can I help you with?
What is the boom period?
The Boom Period is a part of the business cycle where there is a continuous growth in the economy.
What period comes after a period of recovery in a business cycle?
A boom.
What comes after a period of a recovery in a business cycle?
A boom.
In business cycle what is a boom?
business is good
A In a business cycle what is a boom?
business is good
The business cycle goes from boom to recession to and back to boom.?
Depression.
What is a boom in a business?
A boom is a period of rapid economic growth, prosperity.
True or false a expansion of the economy always follows a peak or boom?
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.
What did economists call periods of boom and bust?
the business cycle
Which of the following leads to the end of a boom period in the business cycle?
a reduction in consumer demand resulting from inflation
What are the four steps to a business cycle?
four phrases of buisness cycle recession,recovery,expension,boom
Put the phases of the business cycle in the correct order in which they following a boom?
depression recovery boom recession Final phase
