Respuesta :
business cycle is defined as an "up and down movement"- this corresponds to expansion and contraction. This expansion and contraction is measured for example in the Gross Domestic Product (GDP) of a country.
This is a business cycle.
A business cycle is defined as an "up & down movement" that corresponds to expansion and contraction
Business cycles last from 2 to 12 years.
A business cycle is defined as an "up & down movement" that corresponds to expansion and contraction
Business cycles last from 2 to 12 years.