Business Cycle Worksheet Answers. A business cycle is a cycle of fluctuations in the Gross Domestic Product (GDP) around its long-term natural growth rate. Business cycle (trade cycle) refers to the fluctuations in economic activities due to the changes in the economic variables like employment, income, output, prices etc.
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The definition of a business cycle is " a cycle or series of cycles of economic expansion and contraction." a period of economic growth.
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A simple picture worksheet to show learners how to use comparison language when talking about public transport, including: cheaper / more. Business cycle (trade cycle) refers to the fluctuations in economic activities due to the changes in the economic variables like employment, income, output, prices etc. Business cycles are comprised of concerted cyclical upswings and downswings in the broad measures of economic activity—output, employment, income, and sales.
