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Question 5 If you are an owner of two businesses, a bakery and a furniture shop. Define business cycle and explain how and why changes

Question 5

  1. If you are an owner of two businesses, a bakery and a furniture shop. Define business cycle and explain how and why changes in the business cycle affect the revenue of your two businesses differently. 2 Marks
  2. What indicator does the government use to predict economic changes over the next six months? In your answer, explain two (2) variables used in this indicator.1 Mark

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