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Customer's needs change during business cycles, which cause demand for products to shift. Managers must recognize these changes and plan accordingly.

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Fluctuations in a nation's economy are referred to as its?

a business cycle


Which refers to the fluctuations of growth and decline in an economy?

business cycle


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What is the difference between a business cycle and a business fluctuation?

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The industries or sectors of the economy in which business cycle fluctuations tend to affect output the most are?

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How can monetary policy makers help smooth out fluctuations of the business cycle?

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What role does technology play in driving economic fluctuations according to real business cycle models?

Real business cycle models suggest that technology plays a significant role in driving economic fluctuations. Technological advancements can lead to changes in productivity levels, which in turn affect business cycles by influencing investment, consumption, and overall economic growth. This means that fluctuations in technology can have a direct impact on the overall health of the economy.


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what are the causes of fluctuations in the exchange rate


Causes of recession in Zimbabwe. Link your answer to business cycles?

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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)