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Answer to Question #1096 in Finance for shawn
Question #1096
What are the stages of business cycle?
Expert's answer
1. Contraction (slowing down of the economy) 2. Trough (the economy hits bottom, usually in a recession) 3. Expansion (starting growing again) 4. Peak (the upper turning of a business cycle)
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#340153 on Dec 2023
#340153 on Dec 2023
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