Why are business cycles so difficult to predict, Microeconomics

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Why are business cycles so difficult to predict

Problem

1. What is a business cycle, and why are business cycles so difficult to predict?

2. What is aggregate demand?

3. What is aggregate supply?

4. How does the aggregate demand- aggregate supply model help us understand the economy?

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: Why are business cycles so difficult to predict

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