C. Government rationing takes place. ... Question Type: Ordering Question: Put
the phases of the business cycle in the correct order in which they follow a
depression. ... The correct answer is: Recovery, Boom, Recession, and
Jun 18, 2011 ... Prosperity Phase : Expansion or Boom or Upswing of economy. ... The four
phases of business cycles are shown in the following diagram :- ... The banks
expand credit, business expansion takes place and stock markets are ...
Memorize the order of the phases of the Business Cycle. You may ... Recognize
that this is a repetitive cycle, so the correct sequence may begin with any phase.
The term business cycle refers to economy-wide fluctuations in production, trade,
and general economic activity. ... The term "business cycle" (or economic cycle or
boom-bust cycle) refers to ... The phases of a business cycle follow a wave-like
pattern over time with regard to ... Which one of these statements is NOT correct?
The business cycle is the 4 stages of expansion and contraction in an economy.
Here's what GDP, unemployment, and inflation are in each phase. ... cycle has
four phases. They are expansion, peak, contraction, and trough. ... The business
cycle's four phases can be so severe that it's also called the boom and bust cycle.
Also known as an upturn, the recovery stage of the business cycle is the point at
which the economy "troughs" ... Similarly, the prosperity of the late 1950s was
attributed to a capital goods boom. ... Many economists cite a certain "follow-the-
leader" mentality in consumer spending. ... Nor do they take place at a c...
The Business Cycle, Aggregate Demand and Aggregate Supply .... they are very
difficult to reduce and should be avoided in the first place. ... The closest that
economic policymakers come to nirvana is during the expansionary phase. ... as
auto manufacturers increase their output they order more steel used in
The fluctuations themselves happen on a regular basis and follow the same
pattern. ... During a boom, the economy is growing and output is high. ...
businesses tend to increase their investment spending in order to maximise their
capacity. ... These downloads will help to put external-environment theory into
context using ...
These are the well known phases of the business cycle such as recession,
depression, ... Economists define the cycle in terms of economic output, which
they ... Sometimes, in order to define the term more formally, a depression is said
to begin ... should start with an understanding of why downturns occur in the first
A business cycle is defined by four distinct phases of fluctuation in economic
indicators ... To put it simply, the business cycle is defined as the real fluctuations
in ... the same, they can be identified as a sequence of four phases that were
classified and ... These four phases also make up what is known as the "boom-