126 Video: The Business Cycle

The Business Cycle

Although its impossible to predict exactly when and for how long real GDP will rise and fall, we do know that GDP fluctuates in predictable patterns. The business cycle describes these predictable periods of change between economic growth and depression.

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ACC Principles of Macroeconomics by Lumen Learning is licensed under a Creative Commons Attribution 4.0 International License, except where otherwise noted.

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