Are The Fluctuations In The Business Cycle Predictable Quizle?
Are The Fluctuations In The Business Cycle Predictable Quizle? The business cycle model shows the fluctuations in a nation’s aggregate output and employment over time. The model shows the four phases an economy experiences over the long-run: expansion, peak, recession, and trough. Is the business cycle irregular fluctuations? The business cycle is the periodic but