The phase of business cycle that U.S. economy is in. Introduction: A business cycle, additionally called monetary cycle, is a time of changing financial movement included extensions and compressions as estimated by GDP . At the end of the day, it is a timeframe where the economy develops, pinnacles and decreases. At that point the cycle rehashes itself.

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Chapter 1.5, Problem 2CC

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To determine: The phase of business cycle that U.S. economy is in.

Introduction: A business cycle, additionally called monetary cycle, is a time of changing financial movement included extensions and compressions as estimated by GDP. At the end of the day, it is a timeframe where the economy develops, pinnacles and decreases. At that point the cycle rehashes itself.

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