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Adelaide Patton
English
15 December, 06:42
4 stages in a economic recovery
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Chaz Rowland
15 December, 06:44
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The four phases of a business cycle are recession, recovery, growth and decline. The recovery phase of the cycle usually begins with low interest rates, and continues with increases in demand and employment, which leads to economic expansion.
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Cecelia Roy
15 December, 06:49
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The four stages of the economic cycle are: expansion, peak, contraction, and trough.
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