ECO2013 Business Cycle Essay

Those two stages are definitely the only delighted

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Unformatted text preview: stage, the peak. How does it help tell when the business cycle is going through its peak? Because the peak happens when the expansion of a country is at its best. So when everything starts to slowly go down, economists find the peak. Those two stages are definitely the only delighted stages in when business can’t complain. Because the last two are basically the opposite of the first two! A contraction is the worst of the wh...
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