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Grady
Geography
21 December, 10:19
What is business cycle and how does it work
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Marco Banks
21 December, 10:24
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Cycles are fluctuations in economic activity experiences over a period of time
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Katelynn Warren
21 December, 10:41
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Business cycles are fluctuations in economic activity that an economy experiences over a period of time ... The business cycle is characterized by expansion and contraction. During expansion, the economy experiences growth, while a contraction is a period of economic decline. Contractions are also called recessions.
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