Difference between revisions of "Business cycle"
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According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | ||
| − | :[[Business cycle]]. | + | :[[Business cycle]]. Relatively short-term movement of the economy in and out of recession. |
[[Category: Economics]][[Category: Articles]] | [[Category: Economics]][[Category: Articles]] | ||
Revision as of 08:58, 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. Relatively short-term movement of the economy in and out of recession.
