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HOME | Definition of business cycle frequency (BUSINESS CYCLE FREQUENCY, Business cycle frequency)

  • The business cycle or economic cycle refers to the ups and downs seen somewhat simultaneously in most parts of an economy. The cycle involves shifts over time between periods of relatively rapid growth of output (recovery and prosperity), alternating with periods of relative stagnation or decline (contraction or recession). These fluctuations are often measured using the real gross domestic product.
    http://en.wikipedia.org/wiki/Business_cycle_frequency




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