What are the phases of a business cycle? Expansion, peak, contraction, and trough make up the four stages of a cycle. GDP, interest rates, total employment, and consumer spending can all be used to ...

By looking at the inflation rate each year, you can gain insight into how prices changed and how events around the globe impacted the average U.S. consumer.

These cycles typically consist of three phases: expansion, recession, and recovery. During expansion, the economy grows, leading to increased employment opportunities and rising wages. However, this ...

What is business cycle indicate its phases with suitable examples? have peak, trough, contraction, and expansion. Historically, business cycles occur in response to long-term growth trends and are ...