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Q: What is the point of least economic activity in the business cycle?
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What is least affected by business cycle automobile manufacture food processing oil and gas industry ship building iron and steel industry?

oil and gas


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 is The greatest degree of confidence in an economic generalization?

A principle. The least, a hypothesis.


What is known as a holding that yields at least a subsistence for farmers?

Economic holding


Which country has the least freedom to do business?

Brazil

Related questions

What was the least important economic activity of Colonial Americans?

Commerce


What was the least important economic activity of Colonial America?

fishing


The colonial section with the least variety of economic activity was?

The south because their economy was based off of tobacco.


What is the colonial section with the least variety of economic activity?

The south had very much the same economic activity. They lived off of plantations, which was the same pretty much everywhere, depending on the crop. AP American History?


Define economic depression and name at least one example of one?

An economic depression is a sustained, long-term downturn in economic activity in one or more economy. An obvious example is the U.S. Great Depression.


Is recess a adverb?

One who likes to be at recess


Which month has the least tornado activity?

December generally has the least tornado activity.


When was the solar activity the least?

The least known amount of solar activity occurred in the year 1871.


When was the least amount of solar activity?

The least known amount of solar activity occurred in the year 1871.


What is least affected by business cycle automobile manufacture food processing oil and gas industry ship building iron and steel industry?

oil and gas


Which economic system would have the least private ownership?

Planned economic systems would have the least private ownership.


What is the critical situation facing by entrepreneurs to startup a small business?

In these hard economic times, the critical situations relaxed by entrepreneurs trying to start up a new business is having startup funds available and producing enough business to at least break even.