What is a business cycle? What it's phases?
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Business Cycle Phases. Business cycles are identified as having four distinct phases: expansion, peak, contraction, and trough. An expansion is characterized by increasing employment, economic growth, andupward pressure on prices.
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Business Cycle Phases. Business cycles are identified as having four distinct phases: expansion, peak, contraction, and trough. An expansion is characterized by increasing employment, economic growth, andupward pressure on prices.
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tanish12114:
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HEY FRIEND
BUSINESS CYCLE ARE
HAVE 4 PHASES
PEAK
CONTRACTION
TROUGH
EXPANSION
HOPE IT HELPS
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PLEASE MARK AS BRANLIEST
BUSINESS CYCLE ARE
HAVE 4 PHASES
PEAK
CONTRACTION
TROUGH
EXPANSION
HOPE IT HELPS
__________₹₹₹₹₹₹₹________
PLEASE MARK AS BRANLIEST
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