Describe the four phases of business cycles, Macroeconomics

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Describe the four phases of business cycles

Problem

How are business cycles defined? Describe the four phases of business cycles. Business cycles are dated by which federal agency? What is the difference between a recession and a depression?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Describe the four phases of business cycles

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Macroeconomics: Describe the four phases of business cycles

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