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There are two phases
a. Expansion
- Time in which real GDP rises and unemployment declines.
- sometimes called recovery.
b. Contraction
- Time in which real GDP declines and unemployment rises.
- Recession- six consecutive months of decrease.
- A "severe recession" is called a depressor..
- No official definition of sever (length and depth).
Kathleen Cruickshank
Wiki User
∙ 13y agoThere are two phases
a. Expansion
- Time in which real GDP rises and unemployment declines.
- sometimes called recovery.
b. Contraction
- Time in which real GDP declines and unemployment rises.
- Recession- six consecutive months of decrease.
- A "severe recession" is called a depressor..
- No official definition of sever (length and depth).
Wiki User
∙ 13y agoThe business cycle, in the traditional view, consists of four stages--each of which may vary in terms of duration and intensity. The four stages are prosperity, recession, depression, and recovery.
Wiki User
∙ 13y agoActually not that you are wrong but there are 6 parts of the business cycle they are:
Peak
Recession
Contraction
Trough
Recovery
and Expansion
Wiki User
∙ 11y agoRecovery,recession,depression and prosperity
Wiki User
∙ 10y agoDiscuss the boom and recession phases of a business cycle? Give a global example for each phase to support both theories.
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What are the four steps to a business cycle?
four phrases of buisness cycle recession,recovery,expension,boom
What are the four phrases of business cycle?
Expansion, Peak, Contraction, and Trough (recession)
Phases of the business cycle means?
Phases of business cycle means that at what stage of business cycle the business is currently is. These four phases are introduction, growth, maturity and recession and most of the companies of the world except wholesale businesses like australiawholesalers.com are passing through recession phase due to the current world economic crisis.
3 explain what is the business cycle and what are the four states of the cycle?
i will only give the states ( a) peak, b ,repression ,c ,recovery d recession
How do you describe where a business is on the business life cycle?
You read the book your professor gave you. It's one of four I believe, startup, growth, cash cow or decline
What are the four steps to a business cycle?
four phrases of buisness cycle recession,recovery,expension,boom
What are the four parts of the cycle diagram on the relationship between ATP and ADP?
A
What are the four phrases of business cycle?
Expansion, Peak, Contraction, and Trough (recession)
What are the four types of unemployment and how do they change over the business cycle?
Cyclical, frictional, structural and classical.
Phases of the business cycle means?
Phases of business cycle means that at what stage of business cycle the business is currently is. These four phases are introduction, growth, maturity and recession and most of the companies of the world except wholesale businesses like australiawholesalers.com are passing through recession phase due to the current world economic crisis.
3 explain what is the business cycle and what are the four states of the cycle?
i will only give the states ( a) peak, b ,repression ,c ,recovery d recession
Can you use 4-cycle engine oil in 2-cycle engine?
You can not use 4-cycle oil in a 2-cycle engine because the four cycle oil will not mix it is not designed to.Two cycle oil is designed to mix with fule to lube the two cycle parts in your motor.
How do you describe where a business is on the business life cycle?
You read the book your professor gave you. It's one of four I believe, startup, growth, cash cow or decline
What are the three parts of the time cycle?
What are the 3 parts of the time cycle
What is the role of needs in business cycle?
explain the role of needs in the business cycle
What are the components of business cycle?
The components of the business cycle is Prosperity, Recession, and depression.
Business cycle of the Philippines since 1946 to 2008?
what is definition of business cycle in the phillipines
