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Total economic fluctuations refer to the variations in economic activity over time, typically measured by changes in real GDP. These fluctuations can arise from various factors, including shifts in consumer demand, changes in investment, government policies, and external shocks like natural disasters or geopolitical events. Economists often analyze these fluctuations to understand business cycles, which include periods of expansion and contraction in the economy. Understanding total economic fluctuations helps policymakers implement measures to stabilize the economy and promote sustainable growth.

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6d ago

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