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- A business cycle is a cycle of fluctuations in the Gross Domestic Product (GDP) around its long-term natural growth rate12345. It explains the expansion and contraction in economic activity that an economy experiences over time2. The business cycle is identified through the variations in the GDP along with other macroeconomics indexes1. The four phases of the business cycle are expansion, peak, contraction, and trough1.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A business cycle is the repetitive economic changes that take place in a country over a period. It is identified through the variations in the GDP along with other macroeconomics indexes. The four phases of the business cycle are expansion, peak, contraction, and trough.www.wallstreetmojo.com/business-cycle/A business cycle is a cycle of fluctuations in the Gross Domestic Product (GDP) around its long-term natural growth rate. It explains the expansion and contraction in economic activity that an economy experiences over time. A business cycle is completed when it goes through a single boom and a single contraction in sequence.corporatefinanceinstitute.com/resources/economic…A business cycle refers to a pattern of expansion and contraction of economic activity in an industry or a country over time, characterized by fluctuations in gross domestic product (GDP), employment levels, and other economic indicators.www.wix.com/encyclopedia/definition/business-cycleThe business cycle is a term used by economists to describe the increase and decrease in economic activity over time. The economy is all activities that produce, trade, and consume goods and services within the U.S.—such as businesses, employees, and consumers. Thus, the measured amount of productivity is what the business cycle refers to.www.thebalancemoney.com/what-is-the-business-…
Business cycles are comprised of concerted cyclical upswings and downswings in the broad measures of economic activity—output, employment, income, and sales. The alternating phases of the business cycle are expansions and contractions (also called recessions).
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