The business cycle

Page 1 <img data-url='document/the-business-cycle-5584a52157b3a.html?page=1' data-page='1' class='cut-thumb lazyload' alt='Page 1: The business cycle' loading='lazy' src='data:image/gif;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAYAAAAfFcSJAAAADUlEQVR42mNk+P+/HgAFhAJ/wlseKgAAAABJRU5ErkJggg==' data-src='https://reader035.cupdf.com/reader035/viewer/2022062511/54c826724a795923758b45fa/html5/thumbnails/1.jpg' width='140' height='200' /> THE BUSINESS CYCLE

WHAT IS IT?

Page 2 <img data-url='document/the-business-cycle-5584a52157b3a.html?page=2' data-page='2' class='cut-thumb lazyload' alt='Page 2: The business cycle' loading='lazy' src='data:image/gif;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAYAAAAfFcSJAAAADUlEQVR42mNk+P+/HgAFhAJ/wlseKgAAAABJRU5ErkJggg==' data-src='https://reader035.cupdf.com/reader035/viewer/2022062511/54c826724a795923758b45fa/html5/thumbnails/2.jpg' width='140' height='200' /> SO WHAT IS BUSINESS CYLE?

Page 3 <img data-url='document/the-business-cycle-5584a52157b3a.html?page=3' data-page='3' class='cut-thumb lazyload' alt='Page 3: The business cycle' loading='lazy' src='data:image/gif;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAYAAAAfFcSJAAAADUlEQVR42mNk+P+/HgAFhAJ/wlseKgAAAABJRU5ErkJggg==' data-src='https://reader035.cupdf.com/reader035/viewer/2022062511/54c826724a795923758b45fa/html5/thumbnails/3.jpg' width='140' height='200' /> IT IS…

•A PERIODS OF EXPANSION AND CONTRACTION…

Page 4 <img data-url='document/the-business-cycle-5584a52157b3a.html?page=4' data-page='4' class='cut-thumb lazyload' alt='Page 4: The business cycle' loading='lazy' src='data:image/gif;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAYAAAAfFcSJAAAADUlEQVR42mNk+P+/HgAFhAJ/wlseKgAAAABJRU5ErkJggg==' data-src='https://reader035.cupdf.com/reader035/viewer/2022062511/54c826724a795923758b45fa/html5/thumbnails/4.jpg' width='140' height='200' /> BUSINESS CYCLE….

Page 5 <img data-url='document/the-business-cycle-5584a52157b3a.html?page=5' data-page='5' class='cut-thumb lazyload' alt='Page 5: The business cycle' loading='lazy' src='data:image/gif;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAYAAAAfFcSJAAAADUlEQVR42mNk+P+/HgAFhAJ/wlseKgAAAABJRU5ErkJggg==' data-src='https://reader035.cupdf.com/reader035/viewer/2022062511/54c826724a795923758b45fa/html5/thumbnails/5.jpg' width='140' height='200' /> THE ARE 4 LEVEL…1.Expansion… 2.Crisis…

3. Recession… 4. revival…

Page 6 <img data-url='document/the-business-cycle-5584a52157b3a.html?page=6' data-page='6' class='cut-thumb lazyload' alt='Page 6: The business cycle' loading='lazy' src='data:image/gif;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAYAAAAfFcSJAAAADUlEQVR42mNk+P+/HgAFhAJ/wlseKgAAAABJRU5ErkJggg==' data-src='https://reader035.cupdf.com/reader035/viewer/2022062511/54c826724a795923758b45fa/html5/thumbnails/6.jpg' width='140' height='200' /> Page 7 <img data-url='document/the-business-cycle-5584a52157b3a.html?page=7' data-page='7' class='cut-thumb lazyload' alt='Page 7: The business cycle' loading='lazy' src='data:image/gif;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAYAAAAfFcSJAAAADUlEQVR42mNk+P+/HgAFhAJ/wlseKgAAAABJRU5ErkJggg==' data-src='https://reader035.cupdf.com/reader035/viewer/2022062511/54c826724a795923758b45fa/html5/thumbnails/7.jpg' width='140' height='200' /> Page 8 <img data-url='document/the-business-cycle-5584a52157b3a.html?page=8' data-page='8' class='cut-thumb lazyload' alt='Page 8: The business cycle' loading='lazy' src='data:image/gif;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAYAAAAfFcSJAAAADUlEQVR42mNk+P+/HgAFhAJ/wlseKgAAAABJRU5ErkJggg==' data-src='https://reader035.cupdf.com/reader035/viewer/2022062511/54c826724a795923758b45fa/html5/thumbnails/8.jpg' width='140' height='200' /> Page 9 <img data-url='document/the-business-cycle-5584a52157b3a.html?page=9' data-page='9' class='cut-thumb lazyload' alt='Page 9: The business cycle' loading='lazy' src='data:image/gif;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAYAAAAfFcSJAAAADUlEQVR42mNk+P+/HgAFhAJ/wlseKgAAAABJRU5ErkJggg==' data-src='https://reader035.cupdf.com/reader035/viewer/2022062511/54c826724a795923758b45fa/html5/thumbnails/9.jpg' width='140' height='200' /> Page 10 <img data-url='document/the-business-cycle-5584a52157b3a.html?page=10' data-page='10' class='cut-thumb lazyload' alt='Page 10: The business cycle' loading='lazy' src='data:image/gif;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAYAAAAfFcSJAAAADUlEQVR42mNk+P+/HgAFhAJ/wlseKgAAAABJRU5ErkJggg==' data-src='https://reader035.cupdf.com/reader035/viewer/2022062511/54c826724a795923758b45fa/html5/thumbnails/10.jpg' width='140' height='200' /> Page 11 <img data-url='document/the-business-cycle-5584a52157b3a.html?page=11' data-page='11' class='cut-thumb lazyload' alt='Page 11: The business cycle' loading='lazy' src='data:image/gif;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAYAAAAfFcSJAAAADUlEQVR42mNk+P+/HgAFhAJ/wlseKgAAAABJRU5ErkJggg==' data-src='https://reader035.cupdf.com/reader035/viewer/2022062511/54c826724a795923758b45fa/html5/thumbnails/11.jpg' width='140' height='200' /> WORKS CITED…