What is business cycle? PLS HELP

A business cycle can be defined as a measure of the short-run fluctuations (downswings and upswings) in economic activity such as the rate of employment, level of output (production), sales and revenue over a specific period of time.

Explanation:

A business cycle can be defined as a measure of the short-run fluctuations (downswings and upswings) in economic activity such as the rate of employment, level of output (production), sales and revenue over a specific period of time.

Simply stated, a business cycle is a measure of the periodic but irregular changes (rise and fall) in the gross domestic product (GDP) of a country.

Basically, the business cycle is characterized by four (4) main stages or phases and these are;

I. Recession (contraction).

II. Recovery

III. Growth (Growth)

IV. Decline

The main purpose of a business cycle is to analyze an economy and to make better financial decisions with respect to a country.

there has only been 12 presidents. the 12th president is/was moon jae-in

answer: in october 1962, an american u-2 spy plane secretly photographed nuclear missile sites being built by the soviet union on the island of cuba. president kennedy did not want the soviet union and cuba to know that he had discovered the missiles. he met in secret with his advisors for several days to discuss the problem.

explanation: