Economics Section Review 13A
अब Quizwiz के साथ अपने होमवर्क और परीक्षाओं को एस करें!
What are the four phases of the business cycle?
Expansion, peak, recession, and trough.
When the economy reaches the peak of its business cycle, what three factors prevent further growth?
Limited raw materials, limited labor, and limited financial capital.
What five theories attempt to explain the business cycle?
The sunspot, psychological, monetary, technological and political theories.
