A business cycle refers to the long-term pattern of expansion and contraction in economic activity, typically characterized by phases such as expansion, peak, contraction, and trough. In contrast, business fluctuations are short-term variations in economic activity that occur within the broader context of the business cycle. While business cycles encompass these fluctuations, they represent more sustained trends over time rather than temporary changes. Essentially, business fluctuations are the ups and downs that occur within the larger framework of a business cycle.
a business cycle is a major, prolonged fluctuatuion rather than a day-to-day movement
the difference is your fat mum
The term that refers to the fluctuation of growth and decline in an economy is "economic cycle." This cycle consists of four phases: expansion, peak, contraction, and trough. During expansion, the economy grows, while contraction signifies a decline. The economic cycle reflects the natural rise and fall of economic activity over time.
explain the role of needs in the business cycle
The components of the business cycle is Prosperity, Recession, and depression.
a business cycle is a major, prolonged fluctuatuion rather than a day-to-day movement
a business cycle is a major, prolonged fluctuatuion rather than a day-to-day movement
the difference between a cell cycle and egg cycle is...
What is the difference between ideal and actual cycle?
under growth because if you compare the business cycle on 2011 and 2012, there is very big difference? one of the difference is that the cost of many goods and services have reduced in a great amount.
The typical time difference between ovulation and menstruation in the menstrual cycle is around 14 days.
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an instruction cycle may consist of a number of machine cycles.
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Spiders don't have a pupa.
Their is recycled air in the carbon dioxide and oxygen cycle and no recycled air in the carbon cycle.
The difference between the mosquito and rabbit life cycle