Economy, asked by fortnite9247, 7 hours ago

What is the meaning of trade cycle? explain its characteristics.

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Answered by singhaditi3402

Answer:

A trade cycle is composed of periods of good trade characterized by rising prices and low unemployment percentages, alternating with periods of bad trade characterized by falling prices and high unemployment percentages.”

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What is the meaning of trade cycle? explain its characteristics.​

Answers

What is the meaning of trade cycle? explain its characteristics.