Social Sciences, asked by pavitrapavitradev, 11 months ago

What is business cycle

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Answered by sudhirhaldkar2980

2

Answer:

The business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product around its long-term growth trend. The length of a business cycle is the period of time containing a single boom and contraction in sequence.

Answered by abhaychaudhary472

0

Answer:

The business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product around its long-term growth trend. The length of a business cycle is the period of time containing a single boom and contraction in sequence.

Explanation:

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