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Archive : causes of recessions

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Business cycles,causes and effects

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Business cycles of an economy refers to the fluctuations in outputs and employment level of that economy.Almost all economists agree upon the fact that output remain at natural rate in the long run whereas there exists fluctuations in the short run that are not predictable.These random and irregular fluctuations in output from its natural rate Read more

Tagged as : Business cycles, causes of recessions, Real Business Cycle

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