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Economic growth, peaks, economic downturns, and troughs are part of the _____. net exports economic cycle intermediate goods

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User Hustnzj
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2 Answers

4 votes
The best answer here is: economic cycle.

The economic cycle is the change of the economic activity, both a positive and a negative change (the positive is the growth and the negative is the downturn) as measured by the country's GDP.

It has another name: a business cycle.
answered
User Bsamek
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8.0k points
5 votes
Economic growth, peaks, economic downturns, and troughs are part of the economic cycle.
The economic cycle is the expansion or growth and contraction or recession
of the economy. This is a natural fluctuation of economy. There are factors that determine the current economic cycle of a country. This includes: GDP, i
nterest rates, levels of employment and consumer spending.
answered
User John Rizzo
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8.0k points
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