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The low point of a business cycle is known as the trough. At this stage, economic activity is at its lowest, characterized by reduced consumer spending, high unemployment, and declining production. The trough represents the end of a recession, after which the economy begins to recover and enter an expansion phase. It serves as a critical turning point for economic growth and revitalization.
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In the economic function does the government attempt to keep the business cycle of the economy from being to high or too low?
In a Marxian economic function, the government attempts to keep the business cycle of economy from being too high or too low.
In which economic function does the government attempt to keep the business cycle of economy from being too high or too low?
In a Marxian economic function, the government attempts to keep the business cycle of economy from being too high or too low.
What are some goals of federal economic policy?
smoothing out business cycle growth low inflation high savings rate
In which economic function does the government attempt to keep the business cycles of the economy from being too high or too low?
In a Marxian economic function, the government attempts to keep the business cycle of economy from being too high or too low.
What is the role of needs in business cycle?
explain the role of needs in the business cycle
What are the components of business cycle?
The components of the business cycle is Prosperity, Recession, and depression.
Business cycle of the Philippines since 1946 to 2008?
what is definition of business cycle in the phillipines
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
In business cycle what is a boom?
business is good
A In a business cycle what is a boom?
business is good
What is another term for expansion in the business cycle?
Recovery is another term for expansion in the business cycle.
What is a trough period of business cycle?
The lowest point in a business cycle, the point at which the economy begins to rebound.
