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Which refers to the fluctuations of growth and decline in an economy?
Wiki User
∙ 11y ago
business cycle
Wiki User
∙ 11y ago
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What is the business cycle?
A recurring cycle of booms and busts, recoveries and recessions
Are cyclical fluctuations necessary for economic growth?
The business cycle or economic cycle refers to the ups and downs seen somewhat simultaneously in most parts of an economy. The cycle involves shifts over time between periods of relatively rapid growth of output (recovery and prosperity), alternating with periods of relative stagnation or decline (contraction or recession). These fluctuations are often measured using the real gross domestic product. To call those alternances "cycles" is rather misleading, as they don't tend to repeat at fairly regular time intervals. Most observers find that their lengths (from peak to peak, or from trough to trough) vary, so that cycles are not mechanical in their regularity.
What does actual growth mean in economics?
I do believe that actual growth refers to the economy growing as a whole, not just certain aspects or sectors of it. If correct, then the definition of economic growth is applicable: an increase in the capacity of an economy to produce goods and services, compared from one period of time to another.
What is developing economy?
A developed economy refers to a country that has a high level of economic security and growth. This is usually determined by the Gross Domestic Product or GDP, industrialisation level, infrastructure, and the general living standards.
What refers to the adjustment of an economy's money supply by a central bank in order to maintain price stability lower unemployment and ensure economic growth?
Monetary policy
What refers to a vocal line that imitates the rhythms and pitch fluctuations of?
refers to a vocal line that imitates the rhythms and pitch fluctuations of speech.
What is the business cycle?
A recurring cycle of booms and busts, recoveries and recessions
The absence of cyclical unemployment is evidence that?
the economy is operating at full employment. Cyclical unemployment refers to the fluctuations in unemployment that are caused by economic downturns or recessions. When there is no cyclical unemployment, it suggests that the economy is in a state of stable growth and there are enough job opportunities available for those seeking employment.
What is financial widening?
Financial Widening refers to the growth in number and size of Financial Institutions in an economy.
Are cyclical fluctuations necessary for economic growth?
The business cycle or economic cycle refers to the ups and downs seen somewhat simultaneously in most parts of an economy. The cycle involves shifts over time between periods of relatively rapid growth of output (recovery and prosperity), alternating with periods of relative stagnation or decline (contraction or recession). These fluctuations are often measured using the real gross domestic product. To call those alternances "cycles" is rather misleading, as they don't tend to repeat at fairly regular time intervals. Most observers find that their lengths (from peak to peak, or from trough to trough) vary, so that cycles are not mechanical in their regularity.
What is period of decline?
The period of decline refers to a phase in the business cycle where economic activity slows down, employment decreases, and consumer confidence weakens. During this phase, production and investment decline, leading to decreased economic growth. It is often followed by a recession if the decline sustains over a prolonged period.
What does actual growth mean in economics?
I do believe that actual growth refers to the economy growing as a whole, not just certain aspects or sectors of it. If correct, then the definition of economic growth is applicable: an increase in the capacity of an economy to produce goods and services, compared from one period of time to another.
What refers to the growth of business and industry?
refers to growth is in bilioner
What is developing economy?
A developed economy refers to a country that has a high level of economic security and growth. This is usually determined by the Gross Domestic Product or GDP, industrialisation level, infrastructure, and the general living standards.
What does global recession means?
A global Recession refers to a situation where the GDP of a many nations has been on a down trend (Decline) for two consecutive quarters (at least 6 months) If the decline in GDP continues for a further 2 quarters the economy can be said to be in a state of Depression.
What term refers to the adjustment of an economy supply by a central bank in order to maintain price stability lower unemployment and ensure Economic growth?
Monetary policy
What refers to the adjustment of an economy's money supply by a central bank in order to maintain price stability lower unemployment and ensure economic growth?
Monetary policy
