business cycles

business cycles - goods and housing will rise when the...

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Real GDP (gross domestic product) causes the business cycle. The business cycle is periods of alternating economic growth. The four main phases of this cycle are peak, recession, trough and recovery. Employment, output of
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Unformatted text preview: goods and housing will rise when the economy experiences a boom. During a recession unemployment will rise while the output of goods and housing will be significantly less....
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