Question

give the definition of trade cycle given by heberler
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Answer 1

Answer:

Haberler has said – “The business cycle in the general sense may be defined as an alternation of period of prosperity and depression of good and bad trade.” ADVERTISEMENTS: 2. In the words of W. C. Mitchell – “Business cycles are a species of fluctuations in the economic activities of organised communities.

Answer 2

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Haberler has said – “The business cycle in the general sense may be defined as an alternation of period of prosperity and depression of good and bad trade.”

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