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5. Fully explain the economic concept of the business cycle. Be certain to list and explain the four phases of the business cycle and

5. Fully explain the economic concept of the business cycle. Be certain to list and explain the four phases of the business cycle and the causes of business cycles.

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The business cycle is a recurring pattern of growth and contraction in an economy It represents the fluctuations in economic activity over time The bu... blur-text-image

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