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The phase of the business cycle in which real GDP declines is called?
recession
What takes place in the expansion phase of the business cycle before the full-blown expansion?
-real GDP goes up -will eventually reach a peak -prices going up -supply and demand go up
Which phase of a business cycle that leads and economy into recession?
a contrction because a recession is a prolonged contarction and to determine when in recession real GDP starts to fall. Contraction is a period of economic decline marked by falling real GDP
What is the stage in a business cycle called when real GDP stops falling?
When the GDP stops falling, the business cycle is a trough.
Historical evidence for the U.S. economy indicates that?
changes in real GDP over the business cycle are largely attributable to changes in investment over the business cycle.
The phase of the business cycle in which real GDP declines is called?
recession
What takes place in the expansion phase of the business cycle before the full-blown expansion?
-real GDP goes up -will eventually reach a peak -prices going up -supply and demand go up
What is the stage in a business cycle when real GDP stops falling?
When the GDP stops falling, the business cycle is a trough.
Which phase of a business cycle that leads and economy into recession?
a contrction because a recession is a prolonged contarction and to determine when in recession real GDP starts to fall. Contraction is a period of economic decline marked by falling real GDP
What is the stage in a business cycle called when real GDP stops falling?
When the GDP stops falling, the business cycle is a trough.
What is the stage in business cycle called when real GDP stops falling?
When the GDP stops falling, the business cycle is a trough.
Historical evidence for the U.S. economy indicates that?
changes in real GDP over the business cycle are largely attributable to changes in investment over the business cycle.
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 is the last phase of the technology development cycle?
The last phase of the technology development cycle is typically the deployment and commercialization phase. During this stage, the technology is introduced to the market, where it undergoes real-world testing and user adoption. Feedback from users may lead to further refinements or updates. Ultimately, this phase focuses on maximizing the technology's impact and profitability.
Which part of real GDP fluctuates most over the course of the business cycle?
investment expenditures.
What shows an economy's production after the distortions of price increases have been removed?
the business cycle
Real GDP is not changing at all, unemployment is about 8%, and inflation is steady. Where in the business cycle is the economy?
trough
