Economic Fluctuation Which Of The Following Statements Is True Regarding Economic?
Which of the following statements is true regarding economic? - economic fluctuation
Fluctuations?
a) In the view of most economists, the average duration of expansion and contraction, increased since 1945.
Paper B) since the Great Depression, governments have taken far less "activist" to deal with cyclical fluctuations.
c) a recession as two consecutive months of decline in real output defined.
d) the four phases of the business cycle expansion, peak, recession and depression.
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1 comments:
B.
"Business cycles, after World War II were generally more moderate than in previous cycles. Policy of economic stabilization through fiscal and monetary policy seems the worst excesses of economic cycles have diminished. Aspects of the Budget Stabilization automatically Government has also contributed to the defeat of the cycle even without conscious action by policy makers.
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