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Q: What are the two key phases of the business cycle?
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Advantages of expansion?

Advantages include: New Customers, Economies of Scale and New Personnel. An expansion is one of two basic business cycle phases. The other is contraction.


What are the Features of business cycle?

features of business cycle:A business cycle is a swing in total national output, income, and employment, usually lasting for a period of 20 to 10 years, marked by widespread expansion or contraction in most sectors of the economy.Typically economists divide business cycle into two main phases, recession and expansion. Peaks and troughs mark the turning points of the cycles. The downturn of a business cycle is called a recession, which is often defined as a period of in which real gross domestic product declines for at least two consecutive quarters. The recession begins at a peak and ends at a trough. According to the organization, which dates the beginning and end of business cycles, the National Bureau of Economic Research, the last U.S recession began after the economy peaked in the summer of 1990. This was followed by a brief recession, which ended in March 1991, after which United States enjoyed one of the longest expansions in its history.Note that the pattern of cycles is irregular. No two business cycles are quite the same. No exact formula, such as might apply to the revolutions of the planets or of a pendulum, can be used to predict the duration and timing of business cycles.


What phase of the business cycle is the Pakistan in?

According to Muhammad Farooq Arby from State Bank of Pakistan, Pakistan has completed two business cycles since independence. First from 1949 to 1969. Second from 1969 to 1991. The third cycle has started in 1991. His research measures a business cycle starting from a peak, which should suggest that a third cycle expectedly should end in year 2004-5. He has analyzed data till 2001, further analysis needs to be done on real GDP for years beyond. I believe Pakistan in year 2010 should be in the fourth business cycle


What are the four parts to a business cycle?

There are two phasesa. ExpansionTime in which real GDP rises and unemployment declines.sometimes called recovery.b. ContractionTime in which real GDP declines and unemployment rises.Recession- six consecutive months of decrease.A "severe recession" is called a depressor..No official definition of sever (length and depth).


Who are the key participants in international business and why?

The key participants in international trade is more than two countries having good relationship and should be producing what the other country is not producing.

Related questions

What are the two main phases of a business cycle?

contraction and expansion.


What is two main phases of the cell cycle?

The two main phases of a cell cycle are interphase and mitosis.


What are the main 2 phases of the cell cycle?

The two phases of the Cell Cycle are:InterphaseMitosis


What two phases of the water cycle are repeated?

Evaporation and precipitation.


Which two phases of the water cycle are repeated?

Evaporation and precipitation.


Advantages of expansion?

Advantages include: New Customers, Economies of Scale and New Personnel. An expansion is one of two basic business cycle phases. The other is contraction.


What are the two phases of anaerobic respiration?

citric acid cycle


The two phases covering the first half and second half of menstrual cycle respectively?

The two phases of the menstrual cycle are as follows: Pre ovulatory phase (before ovulation or release of egg from the ovary) Post ovulatory (after ovulation)


What 4 phases are found in the M phase?

The M phase of the cell cycle consists of two phases only: mitosis or meiosis and cytokinesis.


What consists of the G1 S and G2 phases of the cell cycle.?

That is false it is the m phase and the Inter-phase, the inter-phase has sub phases, which the s phase is apart of.


What are the two part of cell cycle?

Interphase and Mitosis.


Is it true the cycle of tbe phases takes about two days longer than the moon revolution around earth?

Yes it is true. Period of the moon's revolution around the Earth (and rotation on its own axis). . . . 27.32 days Period of the cycle of the moon's phases . . . 29.53 days Difference . . . . . 2.21 days (phases longer)