Question

Name any TWO markets in the business cycle

Answer 1

Explanation:

Business cycles are the rise and fall in production output of goods and services in an economy. The stages in the business cycle include expansion, peak, recession or contraction, depression, trough, and recovery. Business cycles are measured by the National Bureau of Economic Research in the United State

Answer 2

Explanation:

There are two type of bussiness cycle

the classical cycle refers to rises and falls in total production.

the growth cycle is concerned with fluctuations in the growth rate of production.