Answer to Question #1096 in Finance for shawn

Question #1096
What are the stages of business cycle?
1
Expert's answer
2010-11-23T02:41:18-0500
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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