What Are the Causes of Business Cycles?
Business cycle: Also known as business cycle, business cycle, and prosperity cycle, it refers to a phenomenon in which economic expansion and economic contraction that occur periodically in the economic operation alternately alternate and recur.
Business cycle theory
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- Business cycle: also known as business cycle, business cycle,
- Is a national
- · Fluctuations in output, employment and prices are usually caused by changes in aggregate demand.
- Causes of Business Cycle
- · The perspective of the currency school
- · Multiplier-Acceleration Theory Model
- Political theory of the business cycle
- · Equilibrium business cycle theory
- · Real business cycle theory