What are the phases of business cycle what happens


What are the phases of business cycle?

What happens during prosperity?

What happens during contraction phase?

What is the difference between recession and depression?

What is Trough?

What are the causes of business cycles?

Economic Models

What determines consumption?

What is aggregate expenditure model?

Differentiate between Aggregate expenditure model and earlier models

What determines Consumption?

What is Consumption Schedule?

What is Saving Schedule?

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Business Economics: What are the phases of business cycle what happens
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