The word cycle suggests a regular, recurring pattern of activity. Is there a regular pattern in the

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The word cycle suggests a regular, recurring pattern of activity. Is there a regular pattern in the business cycle?

Support your answer by examining the duration (number of months) of each expansion and contraction in Figure 1.

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Fundamentals Of Economics

ISBN: 9780618992676

4th Edition

Authors: William Boyes , Michael Melvin

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