Economy, asked by suyogpowar56, 5 months ago

1.
The term business cycle refers to

Answers

Answered by btsarmy5762

Explanation:

The business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product (GDP) around its long-term growth trend. The length of a business cycle is the period of time containing a single boom and contraction in sequence.

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