While the magnitudes of the phases of the business cycle vary over time, the business cycle itself tends to be approximately the same time length for each cycle.

Name: While the magnitudes of the phases of the business cycle vary over time, the business cycle itself tends to be approximately the same time length for each cycle.
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Question

Quizplus · Accepted Answer

The length of business cycles can vary significantly, with no fixed duration for each cycle.

While the Magnitudes of the Phases of the Business Cycle