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  • 09-01-2018
  • Social Studies
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A long, secere, contraction of the business cycle

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  • 09-01-2018
Business cycle. The business cycle or economic cycle and or trade cycle is the downward and upward movement of gross domestic product (GDP) around its long-term growth trend. The length of a business cycle is the period of time containing a single boom and contraction in sequence.
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