sanchezjoshlyn1120
sanchezjoshlyn1120 sanchezjoshlyn1120
  • 02-03-2021
  • History
contestada

How many stages are there in the business cycle?

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2075402
2075402 2075402
  • 02-03-2021

Answer:

four stages

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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brycegordon
brycegordon brycegordon
  • 02-03-2021

Answer:

there are 4 stages

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