Question

what describe a typical business cycle?​

Answer 1

Answer:

Business cycles are identified as having four distinct phases: peak, trough, contraction, and expansion. Business cycle fluctuations occur around a long-term growth trend and are usually measured by considering the growth rate of real gross domestic product.

Answer 2

Business cycles are identified as having four distinct phases: peak, trough, contraction, and expansion. Business cycle fluctuations occur around a long-term growth trend and are usually measured by considering the growth rate of real gross domestic product.

I hOpE iTs hElP yOu...

pLs mArK mE bRaInLieSt :):):)