Learn what a business cycle is, how to measure it, and its four phases: expansion, peak, contraction, and trough. Find out how recessions, stock prices, and the NBER dating committee are related to business cycles. Learn what is business cycle , the fluctuations in economic activities or rise and fall movement of GDP around its long-term growth trend. Explore the phases, nature, types and theories of business cycle with examples and diagrams. Learn what a business cycle is, how it affects the macroeconomic variables, and what are its four phases: depression, recovery, prosperity and recession. See a diagram illustrating the typical pattern of a business cycle and its features. The recurring fluctuations in a nation's overall economic activity are crucial to understand business cycles . These cycles involve periods of expansion, during which multiple sectors experience growth simultaneously, followed by periods of contraction, during which economic activity declines across various sectors. Understanding these cycles provides valuable information and empowers you to navigate the broader economic context with confidence and a sense of control. The changes in economic ...
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