--%>
Assignment Help - homework help

What are the features of phases of business cycle

What are the features of phases of business cycle?

E

Expert

Verified

A phase of business cycle consists of following term as in given below:

Boom: It is also termed as prosperity phase.

Recession: When the economy reaches the peak- then the course changes.

Depression: Both underemployment men and material is the characteristics of such phase.

Recovery: The depression phase on it’s during then given method to recovery.

1810_features of phases of business cycle.png

   Related Questions in Managerial Economics

  • Q : Gains from Exchange Can someone help me

    Can someone help me in finding out the right answer from the given options. Persons or nations that can outperform their competitors in all tasks enjoy: (1) Absolute benefits in all outputs. (2) Relative benefits in all outputs. (3) Comparative benefits in all outputs

    		•
  • Q : Advantages and disadvantages of Trend

    What are the advantages and disadvantages of trend projection method?

    		•
  • Q : Economic incidence of a tax imposing

    The economic incidence of a tax: (i) identical to its legal incidence. (ii) either forward-shifted to suppliers or backward-shifted to consumers. (iii) imposed on whoever suffers decreased purchasing power because of the tax. (iv) more easily found th

    		•
  • Q : Purely competitive labor market The

    The individual household within a purely competitive labor market as: (w) has a perfectly elastic supply of labor at the market wage. (x) has a perfectly inelastic supply of labor at the market wage. (y) faces a perfectly elastic demand for its labor

    		•
  • Q : Wage Rates and Marginal Resource Costs

    When all markets wherein a firm operates are purely competitive, in equilibrium the marginal resource cost of labor is the same to the: (w) firm’s marginal revenue. (x) marginal cost of output. (y) wage rate the firm must pay to hire more worker

    		•
  • Q : Exceptional demand curve what is

    what is exceptional demand curve and its explanation?

    		•
  • Q : Forecasting demand what are the

    what are the criteria for good forecasting

    		•
  • Q : Competitive Labor Markets Need

    Competitive equilibria in competitive labor markets need: (w) P = MR = AVC. (x) VMP - P is maximized. (y) VMP = MRP = MFC = w. (z) output is at a break-even level. (q) MPP = P. Can anybody suggest me the proper exp

    		•
  • Q : Technology advances in Economic Growth

    Can someone help me in finding out the right answer from the given options. The production possibilities frontier enlarges if: (i) The economy approaches full and proficient employment. (ii) Technology progress. (iii) Society's net demand for output i

    		•
  • Q : Illustrates the Expert Opinion method

    Illustrates the Expert Opinion method of Demand Forecasting?

    		•