What do you mean by Business Cycle????
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cycles are a type of fluctuation found in the aggregate economic activity of nations… a cycle consists of expansions occurring at about the same time in many economic activities, followed by similarly general recessions…
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Business cycles are comprised of concerted cyclical upswings and downswings in the broad measures of economic activity—output, employment, income, and sales. The alternating phases of the business cycle are expansions and contractions (also called recessions).
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