Search results
what phase of the business cycle do wages go up. expansion. what phase of the business cycle do wages go down. contraction. Study with Quizlet and memorize flashcards containing terms like microeconomics, macroeconomics, gross domestic products and more.
- Economics-Business Cycle Flashcards | Quizlet
business cycle. Click the card to flip 👆. 1) Alternating...
- Business Cycles Flashcards | Quizlet
Study with Quizlet and memorize flashcards containing terms...
- Economics-Business Cycle Flashcards | Quizlet
Study with Quizlet and memorize flashcards containing terms like Business cycles are, The Bad of the Bad (contractions), The Good of the Bad and more.
Business Cycles. Are defined as alternating increases and decreases in economic activity. 1) the peak. 2) followed by a recession. 3) leading to the trough or bottom of the cycle. 4) finally followed by a recovery or an expansion to another peak. What are the four phases of the business cycle are. Peak.
Study with Quizlet and memorize flashcards containing terms like The term business cycle refers to the _____________ fluctuations in _____________ 1. short-term; the aggregate price level 2. short term; economic growth rates 3. short term; the unemployment rate 4. long term; the aggregate price level 5. long term; economic growth rate 6. long ...
Study with Quizlet and memorize flashcards containing terms like Listed in order, the phases of a complete business cycle are, The low point in the business cycle is referred to as the, In a business a period from peak to trough may be referred to as and more.
People also ask
What does the term business cycle refer to Quizlet?
What is an example of a business cycle?
What happens in a business cycle?
What are the two types of business cycles?
