do you
you think Seasonal fluceatation.com
effect the economy. Why why not?? help me to find this question
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Economic fluctuations are simply fluctuations in the level of the national income of a country representing growth or contraction. A market economy is not static. It's dynamic. A rise in national income means an economy is growing, while a decline in national income means that an economy is contracting. The current economic model describing economic fluctuations in a market economy is the business cycle.
Business Cycle
The business cycle is a pattern of economic fluctuations describing the periods of economic growth, contraction, and the transitions in between. If you plot these periods on a graph, you'll see peaks and troughs, ups and downs.
The business cycle consists of four phases. Let's take a look at each:
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