Difference between revisions of "Business cycle"

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(Created page with "Business cycle is the relatively short-term movement of the economy in and out of recession. ==Definition== According to Principles of Economics by Timothy Taylor (3rd...")
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Revision as of 08:57, 31 May 2020

Business cycle is the relatively short-term movement of the economy in and out of recession.

Definition

According to Principles of Economics by Timothy Taylor (3rd edition),

Business cycle. The relatively short-term movement of the economy in and out of recession.