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Define business cycle

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User Diedu
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Answer:

The business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product around its long-term growth trend. The length of a business cycle is the period of time containing a single boom and contraction in sequence.

Step-by-step explanation:

answered
User Ozgur Erdogan
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6 votes
the business cycle is the fluctuation in economic activity
answered
User Tsanyo Tsanev
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8.0k points

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