The turning points of the cycle are called the peak, which is at the end of the expansion phase, and the trough, which is at the end of the contraction phase.
When the GDP stops falling, the business cycle is a trough.
boom A+
recession
the business cycle
Fiscal policy
When the GDP stops falling, the business cycle is a trough.
When the GDP stops falling, the business cycle is a trough.
Business Cycle.
Wavelength.
Wavelength
boom A+
The business cycle
Wavelength
recession
the business cycle
In turning Glucose to a 3 carbon sugar, it is called glycolysis.
The Calvin cycle includes synthesising glucose from water. This involves turning ATP into ADP, and turning NADPH into NADP+