Explain the significance of business cycles


Problem

Explain the significance of business cycles, business fluctuation, recession, peak, trough, expansion, trend line, depression, depression scrip, leading economic indicator, composite index of leading economic indicators, and econo metric model.

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: Explain the significance of business cycles
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