montreallungelo
montreallungelo montreallungelo
  • 01-12-2020
  • Law
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how 4 phases effect the key economic business cycle​

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jesuslucky54558
jesuslucky54558 jesuslucky54558
  • 01-12-2020

Answer:C

Explanation:The four stages of the economic cycle are also referred to as the business cycle. These four stages are expansion, peak, contraction, and trough. During the expansion phase, the economy experiences relatively rapid growth, interest rates tend to be low, production increases, and inflationary pressures build.

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