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16 November, 10:04

Notice that real GDP trends upward over time but experiences ups and downs in the short run. These short-run fluctuations in real GDP are often referred to as

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  1. 16 November, 10:16
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    The gross domestic product experience fluctuations. The short runs are called minor business cycles. When this happens, there is only a short term decline and did not made a big impact that would cause continuous fall or sustained drop rate of the market.
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