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
The business cycle
boom A+
Wavelength
The distance between corresponding points on a wave cycle is called the wavelength. It is typically measured as the distance between two consecutive peaks or troughs of a wave.
recession
the business cycle
The cycle of old rocks turning into new rocks is called the rock cycle. This process involves the transformation of rocks through various geological processes such as weathering, erosion, sedimentation, and metamorphism. Igneous, sedimentary, and metamorphic rocks continuously change from one type to another over time. The rock cycle demonstrates the dynamic nature of Earth's materials and their constant recycling.
Fiscal policy