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A business cycle reflects changes in economic activity, particularly real GDP. The stages of a business cycle are:   trough, expansion, recession, peak contraction, recession, expansion, boom expansion, trough, recession, peak expansion, peak, recession, trough

A business cycle reflects changes in economic activity, particularly real GDP. The stages of a business cycle are:   trough, expansion, recession, peak contraction, recession, expansion, boom expansion, trough, recession, peak expansion, peak, recession, trough

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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A business cycle reflects changes in economic activity, particularly real GDP. The stages of a business cycle are:

 

  1. trough, expansion, recession, peak
  2. contraction, recession, expansion, boom
  3. expansion, trough, recession, peak
  4. expansion, peak, recession, trough

 

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