One of the main economic variables that affects business cycles is consumer spending, as it directly influences demand for goods and services. Other significant variables include investment levels, government spending, and net exports. These factors interact in complex ways, contributing to the fluctuations in economic activity that characterize business cycles. Changes in these variables can lead to expansions or contractions in the economy.
Recessions and periods of economic growth as the efficient response to exogenous changes in the real economic environment.
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U.S. business cycles may change in the future due to several factors, including advancements in technology, shifts in consumer behavior, and changes in global trade dynamics. The increasing integration of artificial intelligence and automation can lead to more volatile economic conditions by disrupting traditional industries. Additionally, economic policies and regulatory frameworks may evolve in response to pressing issues such as climate change and income inequality, further influencing cycles. Lastly, the ongoing impact of geopolitical tensions can create uncertainty that affects investment and consumer confidence, altering the rhythm of business cycles.
It is propounded by hawtrey an economist,acc to him business cycles are nothing but succesive phases of inflation and deflation.money supply affects the business cycle.
Recessions and periods of economic growth as the efficient response to exogenous changes in the real economic environment.
Philip A. Klein has written: 'Monitoring growth cycles in market-oriented countries' -- subject(s): Business cycles, Economic indicators 'Business cycles in the postwar world' -- subject(s): Business cycles 'The steel industry and U.S. business cycles' -- subject(s): Business cycles, Steel industry and trade 'The cyclical timing of consumer credit, 1920-67' -- subject(s): Consumer credit 'The Role of Economic Theory (Recent Economic Thought)'
business cycles
Answer is: [A recurring cycle of booms and busts, recoveries and recessions] (Go Apex Kids;)Business cycle (trade cycle) refers to the fluctuations in economic activities due to the changes in the economic variables like employment, income, output, prices etc.The definition of a business cycle is " a cycle or series of cycles of economic expansion and contraction."a period of economic growth followed by economic contraction (gp)
Maurice Lamontagne has written: 'Business cycles in Canada' -- subject(s): Business cycles, Economic conditions, History
Gadi Barlevy has written: 'Earnings inequality and the business cycle' -- subject(s): Business cycles, Income distribution 'The cost of business cycles and the benefits of stabilization' -- subject(s): Business cycles, Economic stabilization 'On the timing of innovation in stochastic schumpeterian growth models' -- subject(s): Economic development, Technological innovations 'The cost of business cycles under endogenous growth' -- subject(s): Business cycles, Econometric models
Elmer C. Bratt has written: 'Business cycles and forecasting' -- subject(s): Business cycles, Economic conditions, Business forecasting
the U.S Gov. tracks and influences business cycles to prevent wild swings and economic behaviors... they act in self interest.
Thomas E. Hall has written: 'Business cycles' -- subject(s): Macroeconomics, Business cycles 'The Great Depression' -- subject(s): Depressions, Economic conditions, International economic relations
Hideaki Tamura has written: 'Human psychology and economic fluctuation' -- subject(s): Business cycles, Demand (Economic theory), Marginal utility, Psychological aspects, Psychological aspects of Business cycles
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