Business, 28.02.2020 19:13, trodrickwilliams2019

What are the four phases of the business cycle? How long do business cycles last? How do seasonal variations and long-term trends complicate measurement of the business cycle? Why does the business cycle affect output and employment in capital goods and consumer durable goods industries more severely than in industries producing nondurables?

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What are the four phases of the business cycle? How long do business cycles last? How do seasonal va...