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Which point in the business cycle has the greatest economic activity?
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∙ 6y ago
Peak a+
Wiki User
∙ 6y ago
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The recurrence of periods of growth and recession in a nations economic activity?
business cycle
Which of these describes the economic recovery period in the business cycle?
Economic activity is rising above the point of the previous peak.
What is the business cycle?
A recurring cycle of booms and busts, recoveries and recessions
Which point in the business cycle occurs when economic activity goes to positive to negative and and expansion turns into a recession?
Trough A+
Which point in the business cycle occurs when economic activity goes from a positive to negative and an expansion turns into a recession?
Trough A+
How would you define the business cycle.?
A business cycle refers to the ups and downs of the general level of economic activity for a country.
The recurrence of periods of growth and recession in a nations economic activity?
business cycle
Which of these describes the economic recovery period in the business cycle?
Economic activity is rising above the point of the previous peak.
What is the business cycle?
A recurring cycle of booms and busts, recoveries and recessions
Which point in the business cycle occurs when economic activity goes to positive to negative and and expansion turns into a recession?
Trough A+
Which point in the business cycle occurs when economic activity goes from a positive to negative and an expansion turns into a recession?
Trough A+
Phases of trade cycle?
Characteristics of Business Cycle: The fluctuations are wave like movement and are recurrent in nature. Business Cycle is characterized by waves of expansion and contraction. But these are not only two phases of business cycle. There are four phase of business cycle - Expansion, Recession, Contraction and Revival or Recovery. The movement from peak to trough and again though to peak is not symmetrical. According to Keynes, prosperity phase of business cycle comes to end fast but dip is gradual and slow. Business Cycle is self generating. Every phase has germs of the next phase, that is, expansion has the germs of the recession in it. In this chapter we learnt about business cycle and its characters and definition. However, we already have studied about marginal efficiency of capital and investment in business by this blog. Business cycles are everything which determines your business objectives.
What is businesses cycle?
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)
Contraction (business cycle)?
economic growth weakens and becomes a recession
Which part of the business cycle did the Great Depression represent?
Economic Contraction
What is it called when business activity slows prices and wages drop and unemployment rises?
the business cycle
During what part of a business cycle is there very little business activity and high unemployment?
Recession
