Disucss what do you understand by the term business cycle, Microeconomics

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Disucss what do you understand by the term business cycle

Problem

1. What do you understand by the term 'business cycle'? Compare and contrast 'long-wave' theory with the theories of shorter-term business cycles.

2. Compare and contrast the traditional (or 'old') and 'new' Keynesian theories of the business cycle with the monetarist theory of cycles.

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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Microeconomics: Disucss what do you understand by the term business cycle

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Microeconomics: Disucss what do you understand by the term business cycle

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