The business cycle diagram Long term trend B ibEconomist.com Time Given the graph of the business cycle above answer the following question 1. What do you call point B on the business cycle 2. What do you call point C on the business cycle 3. what do you call the the portion of the business cycle between A to B 4. what do you call the the portion of the business cycle between B to C GDP

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter12: Business Cycles And Unemployment
Section: Chapter Questions
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The business cycle
diagram
Long term trend
ibEconomist.com
Time
Given the graph of the business cycle above answer the following question
1. What do you call point B on the business cycle
2. What do you call point C on the business cycle
3. what do you call the the portion of the business cycle between A to B
4. what do you call the the portion of the business cycle between B to C
GDP
Transcribed Image Text:The business cycle diagram Long term trend ibEconomist.com Time Given the graph of the business cycle above answer the following question 1. What do you call point B on the business cycle 2. What do you call point C on the business cycle 3. what do you call the the portion of the business cycle between A to B 4. what do you call the the portion of the business cycle between B to C GDP
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